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Instructions irmation a your com built to answer the questions) to Blackboard. You will not get full credit if I cann Potential Investments FastCars is debating whether its next car model should be a gas or electric car. Due to factory limitations, FastCars will only be able to introduce one new model in the next five years Both models would have a five-year lifecycle, before they would need to be completely redesigned. Thus FastCars will evaluate the project with a five-year time horizon The gas model would have the following projected sales and cost of goods sold (in millions) Year Sales 19 COGS 10 The electric model would have the following projected sales and cost of goods sold ( in millions) Year Sales 10 COGS 15 Initial capital expenditures for retooling the factory will be 10 million dollars for the gas m and 20 million dollars for the electric model. This cost will be depreciated fully using the straig line depreciation method over five years . A feasibility study was conducted that cost 1 million dollars and has already been paid for The company's tax rate is 25%, and the company can write off any tax losses against profits in other divisions . The appropriate discount rate for both projects is 15% Questions What are the cash flows in What are the cash flows i ts in the electric model? What is the NPV of in What is the IRR of inve Which model should FastCars invest it arrive at this conclusion