3 Dyrdek Enterprises has equity with a market value of $10.5 million and the market value of debt is $3.40 million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of 1.3 percent. The new project will cost $2.14 million today and provide annual cash flows of $561,000 for the next 6 years. The company's cost of equity is 10.95 percent and the pretax cost of debt is 4.85 percent. The tax rate is 21 percent. What is the project's NPV? 1 points Multiple Choice $236,754 $377,848 $478,535 $249,976 $267,298 Mc