11. A firm's opportunity cost of capital is 18 per cent. The firm is considering a project with one-year life. The initial investment is 20,000 and the expected after-tax cash inflow is 30,000. What is project's base- NPV? If the firm borrows 40 per cent of the required investment at 9 per cent, what is the project's APV? Assume that corporate tax rate is 30 per cent.