Can somebody show the correct work for this problem thank you.

Waterdeep Adventure Travel has an unlevered cost of equity of 12.7%, and a cost of debt of 6.7%. Their tax rate is 33%, and they maintain a capital structure of 57% debt and the rest equity. They are considering giving cave exploration tours to their menu of adventure vacations. Buying the needed equipment would cost $61,047, and would bring in $29,882 one year from today, and $89,931 two years from today. What is the NPV of this project, using the WACC method, if they invest today?

Please give your answer to the nearest dollar.

You Answered

Correct Answer

6,618.52margin of error+/-1