A project costs $1 million and has a base-case NPV of exactly zero (NPV = 0) a. If the firm invests, it has to raise $520,000 by a stock issue. Issue costs are 15.35% of net proceeds. What is the project's APV? (A negative answer should be indicated by a minus sign.) Adjusted present value $ b. If the firm invests, there are no issue costs but its debt capacity increases by $520,000. The present value of interest tax shields on this debt is $78,000. What is the project's APV? Adjusted present value $