The most likely outcomes for a particular project are estimated as follows:

Unit price:

Variable cost:

Fixed cost:

Expected sales:

$$60$ $$40$ $$250,00030,000$ units per year investment of $$1\mathrm{.}2$ million, which will be depreciated straight$-$line over the project life to a final value of zero. The firm's tax rate is $21\%,$ and the required rate of return is $10\%.$

a$.$ What is project's NPV in the best$-$case scenario, that is$,$ assuming all variables take on the best possible value?

b$.$ What is project's NPV in the worst$-$case scenario?

a$.$ NPV

b$.$ NPV