Year o Year 1 Year 2 Year 3 Revenues 500.000 500,000 500.000 Cost of Goods Sold 150,000 150,000 - 150,000 Depreciation 100.000 100,000 100.000 FEBIT 250,000 250,000 250.000 Taxes (359) -87.500 -87.500 -87.500 FUnlevered net income 162.500 162.500 162.500 Depreciation 100.000 100,000 100.000 Additions to Net Working Capital -20.000 -20.000 -20,000 Capital Expenditures 300,000 Free Cash Flow 300.000 242.500 242.500 242.500 Visby Rides, a livery car company, is considering buying some new luxury cars. After extensive research, they come up with the above estimates of free cash flow from this project. If the cost of capital is 10%, what is the net present value (NPV) of this project? $313,839 $292,601 $324,946 $303,062 Compute the expected return on IBM Stock if the risk free rate of interest is 4% per year, the expected return on the market portfolio is 11% per year, and the beta of is 1.2. 17.2% 12.4% 14.3% 13.6% Year o Year 1 Year 2 Year 3 Revenues 500.000 500,000 500.000 Cost of Goods Sold 150,000 150,000 - 150,000 Depreciation 100.000 100,000 100.000 FEBIT 250,000 250,000 250.000 Taxes (359) -87.500 -87.500 -87.500 FUnlevered net income 162.500 162.500 162.500 Depreciation 100.000 100,000 100.000 Additions to Net Working Capital -20.000 -20.000 -20,000 Capital Expenditures 300,000 Free Cash Flow 300.000 242.500 242.500 242.500 Visby Rides, a livery car company, is considering buying some new luxury cars. After extensive research, they come up with the above estimates of free cash flow from this project. If the cost of capital is 10%, what is the net present value (NPV) of this project? $313,839 $292,601 $324,946 $303,062 Compute the expected return on IBM Stock if the risk free rate of interest is 4% per year, the expected return on the market portfolio is 11% per year, and the beta of is 1.2. 17.2% 12.4% 14.3% 13.6%