Develop a proposal for this case, if University Canada West wants to invest in a New Post Graduate Program. The Project under consideration costs $20 Million, has a 8 (eight) years life, and has no salvage value. Depreciation is straight-line to zero. The required rate of return is 19%. Sales are projected at 5,000 students per year. Tuition Fees per student will be $7,500. Variable cost per student will be $3,500, and fixed costs are $4.5 Million per year. Tax rate is 30%. Ignore CCA