... Year 1 = (1 -0.40 )($ 17,500,000) = $10,500,000 Year 2 = (1 -0.40 )($ 17,500,000 )(1 .12) = $11,760,000 Year 3 = (1 -0.40 )($ 17,500,000 )(1 .12)2 = $13,171,200 Year 4 = (1 -0.40 )($ 17,500,000 )(1 .12)3 ... PV(C0) = -$50,000 PV(C1) = $10,000 / (1 .15) = $8,696 PV(C2) = $20,000/ (1 .15)2 = $15,123 PV(C3) = $40,000 / (1 .15)3 = $26,301 NPVB = PV(CB0) + PV(C1) + PV(C2) + PV(C3) ... $13,570 PV(C5) = $28,638 / (1 .197)5 = $11,654 PV(C6) = $29,432 / (1 .197)6 = $10,006 PV(C7) = $30,242 / (1 .197)7 = $8,589 NPV = PV(C0) + PV(C1) + PV(C2) + PV(C3) + PV(C4)...