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You are the financiat analyst for a tennis focquet manufactures. The company is considering using a graphite-like moterial in its tennis racquets. The company has

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You are the financiat analyst for a tennis focquet manufactures. The company is considering using a graphite-like moterial in its tennis racquets. The company has estimated the information in the following table about the market for a tacquet with the new material. The depreclated straight-ine to zero over the project's life. The required return for projects of this type is 13 percent, and the company has a 40 percent tax tate. Assume the company has ofher profitable ongoing operations that are sutficient to cover any losses, Should you recommend the project? Calculate the NPV under each scenarlo (Round the final answers to 2 decimal places. Negative amounts should be indicated by o minus sign. Omit s sign in your response.)

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