6 VI. Speedy Computers, Inc. is considering a new project that costs 100 million. The project will generate after-tax (year-end) cash flows of $17 million for 15 years. The firm has a debt-to-equity ratio of 0.80. The equity beta for Speedy is 1.3. The expected return on the market is 15 percent and the risk-free rate is 5 percent. The before-tax cost of debt is 7.2 percent. The corporate tax rate is 40 percent. The project has the same risk of the overall firm. Calculate the NPV and decide if Speedy should take on the project