4. Consider a project of the Pearson Company. The timing and size of the incremental after tax cash flows for an all-equity firm are $ 1000, $255, $510, $505, $500 from year 0 to 4 respectively. The unlevered cost of equity is 28%. a Calculate the NPV? Should this project be accepted? b. The firm finances the project with $19000 debt at 6% with $100 after-tax flotation costs. Principal is repaid at $2000 per year with added interest Pearson's tax rate is 40%. The net present value of the project under leverage? Now, Should this project be accepted