PNY Technology is considering investing in a new project to make a portable USB power bank....

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PNY Technology is considering investing in a new project to makea portable USB power bank. The project will need an initialinvestment of $200,000. THe project is expected to last 10 years.Annual fixed cash outlays for the project is $40,000 a year. Thecompany expects the USB power bank will sell for $80 per unit. THevariable cost to build a USB power bank is $25 per unit. Thecompany uses 12% required rate of return. The salvage value of theproject is zero and PNY has a tax rate of 35%. What is the numberof units of power bank every year will generate a net present valueof $0

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PNY Technology is considering investing in a new project to makea portable USB power bank. The project will need an initialinvestment of $200,000. THe project is expected to last 10 years.Annual fixed cash outlays for the project is $40,000 a year. Thecompany expects the USB power bank will sell for $80 per unit. THevariable cost to build a USB power bank is $25 per unit. Thecompany uses 12% required rate of return. The salvage value of theproject is zero and PNY has a tax rate of 35%. What is the numberof units of power bank every year will generate a net present valueof $0