You are evaluating the HomeNet project under the following assumptions: Sales or 50,000 units in year 1 increasing by 45,000 units per year over the life or me project, a year 1 sales price or $260/unit, decreasing by 11% annually and a year 1 cost or $120/unit decreasing by 19% annually. In addition, new tax laws allow you to depreciate the equipment, costing $7.5 million, over three years using straight line depreciation. Research and development expenditures total $15 million in year 0 and selling, general, and administrative expenses are $2.8 a million per year (assuming there is no cannibalization). Also assume HomeNet will have no incremental cash or inventory, requirements (products will be shipped directly from the contract manufacturer to customers). However, receivables related to HomeNet are expected to account for 15% or annual sales, and payables are expected to be 15% or the annual cost of goods sold. Under these assumptions the unlevered net income, net working capital requirements and free cash few are shown in the Table. Using the FCF projections given Calculate the NPV of the HomeNet project assuming a cost of capita of 10%, 12% and 14% What is the IRR of the project in this case? Calculate the NPV of the HomeNet project assuming a cost of capital of 10%, 12% and 14% The NPV of the FCF's of the HomeNet project assuming a cost or capital of 10% is (Round to the nearest thousand dollars.) The NPV or the FCF's or the HomeNet project assuming a cost of capital of 12% is (Round to the nearest thousand dollars.) The NPV of the FCF's of the HomeNet project assuming a cost of capital of 14% is (Round to the nearest thousand dollars.) What is the IRR of the project in this case? The IRR is % (Round to one decimal place.)