of options can ) projects' expected profitability, neutralize their calculated NPVs, and decrease their risk. traditional NPV analysis and a positive option value expands the firm's opportunities. proposed project, which is expected to last 3 years: - The project can be operated at the company's Charleston plant, which is currently vacant. - Expected high-protein energy smoothie sales are as follows: Year Sales 1$2,000,000 27,550,000 33,400,000 - The project's annual operating costs (excluding depreciation) are expected to be 60% of sales. - The company's tax rate is 25%. related to this project they can be used in the year they occur.) - The project has a WACC=10.0%. What is the project's expected NPV and IRR? Round your answers to 2 decimal places. Do not round your intermediate calculations. NPV \$ IRR % Should the firm accept the project? -Select- millions of dollars