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Imagine you want to start up a company to manufacture and sell Wildcat sunglasses. You've done your homework and estimate design and launch costs to

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Imagine you want to start up a company to manufacture and sell Wildcat sunglasses. You've done your homework and estimate design and launch costs to be $80,000. You expect to sell 500 pairs in the first year, 1,000 pairs in second year, and 3,000 pairs in the following three years. The sales price will be $89 and each pair will cost $70 to produce and market. If your required return is 15%, what is your NPV? (Round your answer to the nearest cent; e.g., $100,000.01) a. $29,543.89 Ob. $34,567.81 c. $41,035.03 d. $58,746.61 D e. None of the above

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