Question: Use the In - class exercise from Lecture 7 ( be sure to use the excel file from Unit 7 ) for this problem. Assume

Use the In-class exercise from Lecture 7(be sure to use the excel file from Unit 7) for this problem. Assume that the cost per unit can be decreased to $12 by using cheaper raw materials to produce the shelves. As news of the lower quality shelves spreads, we also expect that units sold will decrease by 7% per year. All other assumptions remain the same. What is the new NPV?

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