Intro Consider a project with a 4-year life. The initial cost to set up the project is $100,000. This amount is to be linearly depreciated to zero over the life of the project and there is no salvage value. The required return is 16% and the tax rate is 34%. The price per unit is $50, variable costs are $20 per unit and fixed costs are $30,000 per year. You've collected the following estimates for unit sales: Part 1 Attempt 1/20 for 10 pts. What is the NPV in the base case? What is the NPV in the pessimistic case? Part 3 What is the NPV in the optimistic case