Homework 4:2 of 2, Chapter 7-Risk Analysis, Real Options, and Copital Budgeting Question 1 (of 8) veluer 10.00 points We are examining a now project. We expect to sell 6,900 units por year at $63 net cash fow agiece for the The relevant discou other words, the annual operating cash flow is projected to be $63 6,900 $434,700. nt rate is 16 percent, and the initial investment required is $1,800,000. a. What is the base-case NPV? (Do not round Intermediate caleulations and round your anawer decimal places, e.g.32.16.) $301003.98 b. After the first year, the project can be dismantled and sold for $1,670,000. Haxpected sales are revised based on the first year's performance, below what level of expected sales would it make sonse to abandon the project? (Do not round intermediate caleulations and round your answer to the nearest whole number, a-g, 32) of expected sales References Book& Resources MacBook 6