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Calculate the maximum net present value obtained from investing the fund of $10 million, assuming that the nominal after-tax NPV of Project E is zero.

Calculate the maximum net present value obtained from investing the fund of $10 million, assuming that the nominal after-tax NPV of Project E is zero. (20 points)Smart Vehicle Ltd is an Electric Bicycle manufacturer in Kelowna, BC. It has a 20,000 square feet factory and a 10,000 square feet office building. The company also owns a production line. Smart Vehicle is very successful in the rapid growing E-bike market. It wants to expand the business by set up a new plant in Delta, BC in Sept 2024. The financial manager hired you, a UCW graduate, to complete a capital budget report. Do you recommend the company to accept the project or not? Below is the information that your manager provided: 1. Smart Vehicle will buy a piece of used farmland in Delta to build a new plant. The manager estimate that it will cost the company $300,000. The approximate cost of the building would be $120,000. The company will add new equipment to the plant, which will cost $250,000, with another $19,500 in shipping charges. It would also cost an additional $9,500 tuning fees and $10,000 for the installation parts. 2. The financial manager will outsource the equipment installation. He

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