5. ABC Corporation is considering a project. The following are the relevant information for assessing the feasibility of the project. i. The project's economic life is 5 years. ii. The project will generate cash revenue of Tk. 30 million each year for 5 years. iii. The total cash cost per year is 50% of cash revenue. iv. Initial investment required to take the project is Tk. 50 million. This amount will be depreciated using straight line method over the five-year period for a zero salvage value. ABC's corporate tax rate is 30%. vi. The cost of levered equity of the company is 30%. vii. The company's optimal debt to value ratio is 0.50. The company is going to take Tk. 25 million long-term loan to finance the project. Only interest will be paid on the loan during the life of the loan and the principal will be paid at the end of the project. The cost of debt is 10% per year. Use the weighted average cost of capital approach to see whether ABC should take the project. V