Holmes. Manufocturing is considering a of en mochilpe that cotts 5290,000 and wouls reduce pretax manufactuning costs by sog, Doo annually. The bew machine wa be fully deprecated at the time of purchase. Monagement thinks the machine would have a value of 524,000 at the end of its Syear pperstirig life Net pperating warking capital would encrease by $28,000 initalily, hut it would be recovered at the end of the project's 5 -yoar life. Holmes's marginal tes nate is 25%, and a 1365 WACC is appropriate for the project. a. Calculate the project's NPV. Negative value, if any, ahould be indicated ty a minus sign. Do not round intermediate calculations. Hound your answer to the nearest. cent Caleulate the froject's IRR. Do not round intnrmediate calculations. Round your answer to two decimal places. W0 Calculate the project's MIRR. Do not round intermediate calculations. Round your answer to two decimal places. \% Calculate the project's payback. Do not round intermediate calculations. Round vour answer to two decimal places: years b. Assume management is unsure about the 590,000 cost savings-this figure could deviate by as much as plus or minus 20%. What would the NPV be under each of these situations? Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest cent. 20% savings increase: 5 20% savings decrease: 5 c. Suppose the CFO wants you to do a scenario analysis with different values for the cost savings, the machine's salvage value, and the net operating warking capital (NOWC) requirement. She asks you to use the following probabilities and values in the scenario analysis: Calculate the project's expected NPV, its standard deviation, and its coefficient of variation. Negative values, if any, shouldibe indicated by a minus sign. Do not round intermediate calculations. Round your answer for expected NPV and for standard deviation to the nearest cent and for coefficient of variation to two decimal places. Would you recommend that the project be accepted