You are the head of the project selection team at Broken Arrows records. Based on the...

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You are the head of the project selection team at Broken Arrows records. Based on the past history, Broken Arrow expects a rate of return of 16 percent. Your financial advisor predict inflation to remain at 4 percent into the foreseeable future. Your team is considering the following project. Calculate the NPV for the project. Record your calculations to four decimal places. Project Name: Time Fades Away Year 0 1 2 3 4 LO 5 Investment Revenue Stream $600,000 0 600,000 75,000 20,000 15,000 10,000 Please answer in details for each step and formula needed. You are the head of the project selection team at Broken Arrows records. Based on the past history, Broken Arrow expects a rate of return of 16 percent. Your financial advisor predict inflation to remain at 4 percent into the foreseeable future. Your team is considering the following project. Calculate the NPV for the project. Record your calculations to four decimal places. Project Name: Time Fades Away Year 0 1 2 3 4 LO 5 Investment Revenue Stream $600,000 0 600,000 75,000 20,000 15,000 10,000 Please answer in details for each step and formula needed.