Superfast Bikes is thinking of developing a new composite road bike. Development will take 6 years and the cost is $208,500 per year. Once in production, the bike is expected to make $296, 102 per year for 10 years. The cash inflows begin at the end of year 7. Assuming the cost of capital is 8.3% per annum: a. The NPV of this investment opportunity is $ (Round your answer to the nearest dollar) b. The IRR of this investment opportunity is (Round your answer to two decimal places) Note: The IRR for this question will require Excel or a financial calculator. Students will not be required to do this in an exam unless you are told explicitly to do so. If the cost of capital is 8.3%, the maximum deviation allowable in the cost of capital estimate to leave the decision unchanged is (Round your answer to two decimal places) years. c. For the decision to change, development must last (Round your answer to two decimal places) Assuming now that the cost of capital is instead 12.3% per annum: d. The NPV of this investment opportunity is $ (Round your answer to the nearest dollar e. If the cost of capital is 12.3%, the maximum deviation allowable in the cost of capital estimate to leave the decision changed is (Round your answer to two decimal places) years. f. For the decision to change, development must last (Round your answer to two decimal places)