10. Alpha Industries is considering a project with an initial cost of $8.9 million. The project will produce cash inflows of $1.57 million per year for 9 years. The project has the same risk as the firm. The firm has a pretax cost of debt of 5.88 percent and a cost of equity of 11.45 percent. The debt-equity ratio is .69 and the tax rate is 35 percent. What is the net present value of the project? tiple Choice A