A new project with 5 years of life has the following probability distribution. I.O. (initial outlay) $100,000 Probability .20 60 20 Annual net AT C/F $30,000 $45,000 $60,000 There is no salvage value at the end of the project's life. The firm is an all equity firm. Cost of equity 12%, r-996, E(R m )#1 1 %. The new project is 4 times riskier than the firm's equity Should you accept the project? Use the NPV and IRR methods to answer the