Wally'smarketing manager believes the company can sellthe following number ofwidgetometersper yearfor the next five years. The price ofthewidgetometerisexpected to be$2,300per unit.

Year 1Year 2Year 3Year 4Year 5

Units60,00070,00080,00090,00080,000

After5 years, theproduct will be obsolete. The requiredmanufacturingequipment would cost $130,000,000plus an additional $13,000,000for shipping and installation. Accounts receivable and inventories would increase by $5,000,000while current liabilities (accounts payable and accruals) would rise by $4,000,000. Variable costs would be56% of sales revenues, fixed costs (exclusive of depreciation) would be $35,000,000per year, and fixed assets would be depreciated using thestraight line method over the their5year life. When production stops after5years, the equipmentis expected tohave a salvage value of $5,000,000. Wally'stax rate is30%. The WACC is 9%.Compute the project's NPV, IRR,andMIRR