Question: A Moving to another question will save this response. >> Question 6 10 points Save Answer We are evaluating a project that costs $800,000, has

 A Moving to another question will save this response. >> Question

A Moving to another question will save this response. >> Question 6 10 points Save Answer We are evaluating a project that costs $800,000, has an five-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 100,000 units per year. Price per unit is 560, variable cost per unit is $40, and fixed costs are $700,000 per year. The tax rate is 20 percent, and we require a return of 10 percent on this project. What is the sensitivity of NPV to changes in the quantity sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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