there is a 10% chance the economy will enter a recession during the coming year; a 50% chance of a stable economy, and a 40% chance of an economic boom. If there is a recession, units sold will decline by 15% for all years after the first year. If there is an economic boom, units sold will increase by 25% for all years after the first year. What is the overall expected NPV for this project?

Inputs:
Equipment cost	10,000,000.00
Salvage Value	950,000.00
Units Sold (Year 1)	124,000.00
Annual change in units sold (until last year when it declines by 30%)	15%
Sales Price (Year 1)	$35
Inflation Rate	2%
VC per unit (Year 1)	13.50
FC per year (Year 1	2,250,000.00
WACC	14.00%
NWC (Percent of next yr's sales)	24%
Tax Rate	21%
Length of Project	6 years