Question: We are evaluating a project that costs $843023, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over

We are evaluating a project that costs $843023, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 62952 units per year. Price per unit is $42, variable cost per unit is $15, and fixed costs are $416265 per year. The tax rate is 35%, and we require a return of 22% on this project.

What is the NPV of this base-case? (Round answer to 2 decimal places. Do not round intermediate calculations)

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