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We are evaluating a project that costs $932,000, has a 12-year life, and has no salvage value. Assume depreciation is straight-line to zero over the

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We are evaluating a project that costs $932,000, has a 12-year life, and has no salvage value. Assume depreciation is straight-line to zero over the life of the project. Sales are projected at 75,000 units per year, the price per unit is $39, variable cost per unit is $26, and fixed costs are $778,900 per year. The tax rate is 35 percent and we require a return of 13.5 percent on this project. Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within +2 percent. What is the worst-case NPV? O $4,613 $267,008 $189,511 O-$782,409 O -$528,438

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