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Herjavec Enterprises is thinking about introducing a new surfacecleaning machine. The marketing department has come up with theestimate that the company can sell 14 units per year at $299,000net cash flow per unit for the next five years. The engineeringdepartment has come up with the estimate that developing themachine will take a $14.1 million initial investment. The financedepartment has estimated that a discount rate of 15 percent shouldbe used. a. What is the base-case NPV? (A negative answer should beindicated by a minus sign. Do not round intermediate calculationsand enter your answer in dollars, not millions of dollars, roundedto 2 decimal places, e.g., 1,234,567.89.) b. If unsuccessful, afterthe first year, the project can be dismantled and will have anaftertax salvage value of $10.4 million. Also, after the first yearexpected cash flows will be revised up to 19 units per year or downto 0 units with equal probability. What is the revised NPV? (Do notround intermediate calculations and enter your answer in dollars,not millions of dollars, rounded to 2 decimal places, e.g.,1,234,567.89.)