Project Alpha has an NPV of - Microsoft Word (Error de activacin de productos) Correspondencia Revisar Vista encias Aa Aa E3 21 1 | . aby - A I Normal Sin espa... Ttulo 1 Ttulo 2 Titulo Subt Prrafo Estilos 21.11.12 13 14 15 16 17 18.1.91.10. 1.11. 112 113 114 115 116 117 118 1 QUESTION 3 1. Athleisure Inc. is considering investing $2 million in an automatic sewing machme to produce a newly designed line of dresses. The dresses will be priced at $200, and management expects to sell 12,000 per year for six years. There is, however, some uncertainty about production costs associated with the new machine. The production department has estimated operating costs at 70% of revenues, but senior management realizes that this figure could turn out to be as low as 65% or as high as 75%. The new machine will be depreciated at a rate of $200.000 per year (straight line, zero salvage). Keener's cost of capital is 16%, and its marginal tax rate is 39% Calculate a point estimate along with best- and worst-case scenarios for the project's NPV. Round the answers to the nearest dollar Best-case scenario. Enter your answer in dollars and don't include the "S" or commas. For example, an answer of $1.2 million should be entered as 1200000, not 1.2. Use a minus sign to indicate a negative NPV. $ b. Point estimate. Enter your answer in dollars and don't include the "S" or commas. For example, an answer of $1.2 million should be entered as 1200000, not 1.2. Use a minus sign to indicate a negative NPV. 2. Worst-case scenario. Enter your answer in dollars and don't include the "S" or commas. For example, an answer of $1.2 million should be entered as 1200000.not 1.2. Usea minus sign to indicate a negative NPU Unidos)