Prepare the full DCF-FCF(A) WACC analysis of this project and state clearly: What are the operating and investment (capex + Delta nwc) CFs, AND the total free CFs from assets FCF(A)? What Is the appropriate discount rate? What is the project's NPV and IRR (return on total invested capital)? Should you accept or reject the project and why? Use the following information to figure out the cash flows and the appropriate discount rate. Your assistant presents you with a market/project analysis about an opportunity in producing "gizmos." The assistant has just spent $40,000 on this analysis. The project would last 3 years. If accepted, you will have to spend $60,000 on machinery that will be fully depreciated on a straight line basis over the 3 years (Assume no resale value in 3 years) The gizmos will be produced in a company-owned building with current market and book values of $200,000 The building can be either used for this project or sold The depreciation on this building is $10,000/year You expect to sell this building in 3 years for its remaining book value See the table below for information on expected sales, operating costs. Assume the cash flows occur at the end of the period (e g., there is exactly one year between T0 and T1). The yield on government bonds is 4% pa This firm plans to finance this project using capital structure with 50% debt financing The cost of debt is 5%, and the cost of equity is 14% (levered to D/V = 50%)