The directors of DKM Leicester Limited are considering investing in producing a Student Covid-19 vaccine testing kit to tackle the new Omicron variant in the UK. The project is estimated to have the following cash flows in the five (5) year period, and the company has a required rate of return at 18%. Year 0 1 2 3 4 5 5 Investment cost Net cashflow Net cashflow Net cashflow Net cashflow Net cashflow Residual value at project end Net Cash Flow (millions) 3,900,000 3,400,000 3,350,000 800,000 700,000 300,000 700,000 The Vaccine Testing Kit Project Year Net cashflows Cumulative Net Cashflows Discount Present Value Factor at 18% (Discounted Cash Flows) 0 1 2 3 4 5 NPV@18%