Question: JoJoe is analyzing a potential project known as Project Zap! - which has a 3 year life. Project Zap! has the following expected FCFs (in

 JoJoe is analyzing a potential project known as "Project Zap!" -
which has a 3 year life. Project Zap! has the following expected

JoJoe is analyzing a potential project known as "Project Zap!" - which has a 3 year life. Project Zap! has the following expected FCFs (in millions of dollars): - $41 at t=0, - $25.4 at t=1, - $46.1 at t=2, and - $69 at t=3. Joloe has a tax rate of 22%. Using a WACC of 9.5%, compute the fair NPV of Project Zap-It, and report it (in millions of dollars) in the answer-box below. Here's the last problem for Bucket 01! Given your answer for Problem 21, should the "Zap it" project be pursued? Yes or no-and why? Yes, because the fair NPV is positive. Yes, because the IRR is positive Yes, because the MIRR is positive No, because the fair NPV is negative No, because the IRR is negative. No, because the MIRR is negative. It's not possible to say given the available information

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