Question: You are starting a new project. This project would last 4 years. The following is the input information that you have collected:

Building cost (1.3% in the first year and then 2.6% every year)	$12,000,000
Equipment cost (MACRS 5 years)	$8,000,000
Net operating working capital requirement (% of Sales)	10%
First year sales (in units)	20,000
Growth rate in units sold	0%
Sales price per unit	$3,000
Variable cost per unit	$2,100
Fixed costs	$8,000,000
Market value of building at the end of year 4	7,500,000
Market value of equipment at the end of year 4	2,000,000
Tax rate	40%
WACC	12%
Inflation growth in sales price per year	2%
Inflation growth in VC per unit per year	2%
Inflation growth in fixed costs per year	1%

1. What is the NPV of this project? (In your calculations use zero decimal spaces/round to the whole numbers).
2. Explain briefly if you think that the project is viable.
3. Discuss the potential sources of long-term finance available to a large company.