10.00 points for 10 years. The opportunity cost of 11.75%, which reflects the propocrs business risk. a. Suppose the project is financed with $6 milion of debt and $4 million of year of the project's 10-year life equity. The norest rate is 7.75% and the margnal tax rate is 40%. An oqual amount of the debt propul wil be epalin Calculate APV. (Enter your answer in dollars, not millions of dollars. Do not round intermediate calculations. Round your answer to the nearest whole number.) s 7208510 0 S 7208510 b. If the firm incurs issue costs of $650,000 to raise the $4 milion of required equity, what will be the APV? (Enter your answer in dollars, not miltions of dollars. Do not round intermediate calculations. Round your answer to the nearest whole number.) S 6558510