Calculate the NPV & the IRR of introducing the new product (the first task) assuming that the asset class will be closed. Should the company proceed with this project? Explain. Year 1 2 3 4 Unit Sales 3000 5000 6000 6500 5 6000 6 5000 7 4000 8 3000 The beta of this specific project is 2. Steve is not planning at this stage to get debt to finance this project, as he knows that banks will not be enthusiastic to finance a new project without any track record. Therefore, this project can only be 100% equity financed. Pawar