• GE is considering a new wind turbine project with the following financial implications:
  • Initial Investment: $1 billion
  • Estimated Annual Revenue: $400 million
  • Operating Costs: $250 million annually
  • Depreciation Expense: $50 million annually
  • Tax Rate: 22%

• Requirements:
  1. Calculate the annual net income from the project.
  2. Prepare a five-year financial projection.
  3. Analyze the payback period for the initial investment.
  4. Discuss the strategic benefits of the wind turbine project.
  5. Evaluate the environmental and regulatory challenges.