Read chapter 3 Vignette from your textbook page 80-81: A prescription of success, then answer the following question: 1. One year of production had a value of $240M/yr, what is the value of one batch of product? 2. How many batches for breakeven on initial $27 K investment? (assume 4.2% yield improvement). do not consider time value of money. 3. What is project's present value? a. Assume interest rate is 15%, b. Savings are a single end-of-year cash flow, \& c. $90,000 investment is at time 0. 4. If 1 batch produced per day, how often are savings actually compounded?