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We are evaluating a project that costs $ 1 , 1 0 0 , 0 0 0 , has a life of 1 0 years,

We are evaluating a project that costs $ 1,100,000, has a life of 10 years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 47,000 units per year. Price per unit is $ 50, variable cost per unit is $ 25, and fixed costs are $ 820,000 per year. The tax rate is 21 percent and we require a return of 16 percent on this project. Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within \pm 10 percent.Calculate the best-case and worst-case NPV figures. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)

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