Emperor's Clothes Fashions can invest 56 million in a new plant for producing invisible makeup. The plant has an expected life of 5 years. and expected sales are 7 milion jars of makeup a year. Fixed costs are $1.8 mition a year, and varible costs are $2.50 per jar The product will be priced at $3.40 per jar The plant will be depreciated straight-ine over 5 years to a salvage value of zero, The opportunity cost of capital is 12%, and the tax rate is 40% a. What is project NPV under these base-case assumptions? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) b. What is NPV if variable cosis furn out to be $2.80 per jar? (Do not round intermediate calculations, Enter your answer in millions rounded to 2 decimal places.) C. What is NPV if foxed costs turn out to be $16 millon per year? fDo not round intermediote calculations. Enter your answer in millions rounded to 2 decimal places.) d. At what price per jar would project NPV equal zero? (Enter your answer in dollers not in millions. Do not round intermediate colculations. Round your answer to 2 decimal places.)