Problem 10-8 Sensitivity Analysis (LO3) Emperor's Clothes Fashions can invest 56 million in a new plant for producing invisible makeup. The plant has an expected life of 5 years, and expected sales ore 7 milison jars of makeup a yeac. Fixed costs are $2.5 million a year, and varlable costs are $2.40 per jar. The product will be priced at $3.50 per jar. The plant will be depreciated straightitine over 5 years to a salvage value of zero. The . opportunity cost of capital is 12%, and the tax rate is 40x. a. What is project NPV under these base-case assumptions? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) b. What is NPV if variable costs turn out to be $2.70 per jar? (Do not round intermediate calculations, Enter your antwer in millions rounded to 2 decimal places.) c. What is NPV if foed cosis turn out to be $2.2 million per year? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) d. At what price per jar would project NpV equal roro? (Enter your answer in doliars not in millions. Do not round intermediate calculations. Pound your ancwer to 2 decimal places.)