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esfandairi enterprises is considering a new three year expansion project that requires an initial fixed asset investment of 2 . 3 million. The fixed assets

esfandairi enterprises is considering a new three year expansion project that requires an initial fixed asset investment of 2.3 million. The fixed assets falls into the 3 year MARCS class The project is estimated to generate $1,7200,000 in annual sales with costs of $628,000. The project requires an initial investment in net working capital of $270,000 and the fixed assett will have a market value of $210,000 at the end of the project. If the tax rate is 22% what is the projects 0 net cash flow? Year 1? Year 2? Year 3? If the required return is 10% what is the projects NPV? MARCs schedule 33.33%,44.45%,14.81%, and 7.41%

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