QUESTION 6 Benny currently works for Waste Magic Inc, a company that collects e-waste and turns it magically into garden equipment. The company is thinking about opening another manufacturing plant in Adelaide. The company employed ConsultMe to conduct a feasibility study. The cost of this study was $10.00 and provided the following information: Revenue resulting from the new plant is expected to be $749,000 per year and yearly costs to be S 401,000. The revenue from another plant the company owns just outside of Adelaide is expected to go down by 519,000/yr. The new plant is expected to operate for 7 years and both the revenues and costs are expected to remain constant. The plant will costs $1,449,000 and ATO rules require that the plant be depreciated to zero over 7 years. At the end of the years, the company expect to be able to sell the plant for $ 73,000. The project will also require an initial working capital of 55.000, which will be recovered at the end of the project Assuming a tax rate of 35% and a required return of 6% p.a., what is the expected NPV? Round your answer to two decimals 196110.26 QUESTION 7 DC Your assistant has calculated 2 different IRR's, 4% and 8%, which one is more likely? Explain When can we use IRR to evaluate a project? For the toolbar.press ALT+F10 (PC) or ALT+FN-F10 (Mac). Artii 3 (12pt) T.EE