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 Inclass exercise from Lecture be sure to use the excel file from Unit for this problem. Assume that the cost per unit can be decreased to $ 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 per year. All other assumptions remain the same. What is the new NPV
Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and rounded to the second decimal place. Eg if your answer is $ should type ONLY the number NEITHER $ $ NOR Otherwise, Blackboard will treat it as a wrong answer.
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