Company $N$ will receive $$135,000$ of taxable revenue from a client. Use $A{p}_{?}$ pendix A and Appendix B$.$

Required:

a$.$ Compute the NPV of the $$135,000$ assuming that Company $N$ will receive $$67,500$ now $($year $0)$ and

$$67,500$ in year $1.$ The company's marginal tax rate is $30$ percent, and it uses a $6$ percent discount rate.

b$.$ Compute the NPV of the $$135,000$ assuming that Company N will receive $$67,500$ in year $1$ and

$$67,500$ in year $2.$ The company's marginal tax rate is $40$ percent, and it uses a $4$ percent discount rate.

c$.$ Compute the NPV of the $$135,000$ assuming that Company N will receive $$27,000$ now $($year $0)$ and

$$27,000$ in years $1,2,3,$ and $4.$ The company's marginal tax rate is $10$ percent, and it uses a $9$ percent

discount rate.