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Homework Discount Cash Flow Anal Assimento Help SER S Oh my work 15 Better Mousetraps has developed a new trap, it can go into production

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Homework Discount Cash Flow Anal Assimento Help SER S Oh my work 15 Better Mousetraps has developed a new trap, it can go into production for an initial investment in equipment of 554 milion. The equipment will be depreciated straight line over years, but in fact, it can be soldater 6 years for $682000. The time bebeves that working capital at each date must be maintained at a level of 0 of next year's forecast sales. The firm estimates production costs equal to $130 per trap and believes that the traps can be sold for $5 each Sales forecasts are given in the following table. The propet will come to an end in 6 years, when the trap becomes technologically obsolete. The tum's tax tackets 40%, and the required rate of return on the projects 1 D Sales (on of trap 0.5 0.7 0.6 0.7 0.5 Suppose the form can cut its requirements for working capital in halfty using better inventory control system. By how much will the increase project NPV? (Do not round your intermediate calculations. Enter your answer in millions rounded to 4 decimal places) Change in NPY

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