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20. (4 points) Consider a project with the final ATX cash flows for the years 0 to 5 as follows: -1,500,000, 300,000, 400,000, 400,000, 500,000,

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20. (4 points) Consider a project with the final ATX cash flows for the years 0 to 5 as follows: -1,500,000, 300,000, 400,000, 400,000, 500,000, and 700,000. Your firm is financed with 40% equity, 40% debt, and 20% preferred stock, with after-tax costs of capital of 17%, 10%, and 12%, respectively. You want to maintain this financing mix and the project being considered has the same risk level as the firm. What is the NPV of the project? 4 A. $25,017 B. -$15,242 C. SO D. S34,009 E. $15,322

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