Question: Question 16 4 pts We are evaluating a project that costs $986,000, has a 9-year life, and has no salvage value. Assume that depreciation is

 Question 16 4 pts We are evaluating a project that costs

Question 16 4 pts We are evaluating a project that costs $986,000, has a 9-year life, and has no salvage value. Assume that depreciation is straight line to zero over the life of the project. Sales are projected at 104,745 units per year. Price per unit is $48. variable cost per unit is 532 and fixed costs are $924.000 per year. The tax rate is 37% and we require a 12 return on this project. Suppose the projections given for price, quantity, variable costs, and foed costs are all accurate to within +/-14 percent. What is the worst case NPV? (Round answer to 2 decimal places. Do not round intermediate calculations)

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