2 6 Marks Question 32 6 Mark You are considering a new product launch. The project will cost $7,20,000, have a 4 year life, and have no salvage value. Depreciation is straight line to Zero. Sales are projected as follows: 3 Year Units 1 380 2 400 4 350 430 Sale Price per unit will be $ 17,400 across all years and variable cost per units will be $ 14,100. Fixed cost will be $ 6,80,000 per year without considering depreciation and expected to increase 5% per annum. The required return of the project is 15% and relevant tax rate is 21%. Working Capital required at beginning of the year is 15% of Sales. ou are required to suggest for accepting the project by considering the NPV, IRR and Payback period metho