Unit price: $121; Variable cost per unit: $33; Fixed cost per year: $330000; Expected sales: 33000 units per year. The project will last for 10 years and requires an initial investment of $1 million, which will be depreciated straight-line over the project life to a final value of zero. The firm's tax rate is 35%, and the required rate of return is 12%

calculate NPV of the project