Question 4 (15 points) After spending $3 million on research, Better Mousetraps has developed a new trap. The project requires an initial investment in plant and equipment of $6 million. This investment will be depreciated straight-line over five years to a zero salvage value. However, the equipment can be sold for $500,000. Net working capital requiments are $1 million. The traps will be sold for $4 each and productions costs are $1.50 per trap. Sales forecasts are 750,000 traps per year. The firm pays taxes at 20% and the required return on the project is 12%. What is the NPV? Should the project be accepted