You are the financial analyst for a tennis racket manufacturer. The company is considering using a graphitelike material in its tennis rackets. The company has estimated the information in the following table about the market for a racket with the new material. The company expects to sell the racket for $4$ years. The equipment required for the project will be depreciated on a straight$-$line basis and has no salvage value. The required return for projects of this type is $12$ percent and the company has a $24$ percent tax rate.

$10$

points

$\backslash$table$[[$eBook$],[$Print$],[$References$]]$

$\backslash$table$[[,$Pessimistic,Expected,Optimistic$],[$Market size,$131,000,141,000,153,000],[$Market share,$20\%,24\%,26\%$