Question 11 Your boss asked you to evaluate a project with an infinite life. Sales and costs project to $1,000 and $500 per year, respectively. (Assume sales and costs occur at the end of the year [i.e. profit of $500 at the end of year one]). There is no depreciation and the tax rate is 30 percent. The real required rate of return is 10 percent. The inflation rate is 4 percent and is expected to be 4 percent forever Sales and costs will increase at the rate of inflation. If the project costs $3,000, what is the NPV? $500.00 V B. $1,629.62 C. $365.38 D. $472.22 E. I choose not to answer Sales s cos $500 ( ax, 30%