Alpha Industries is considering a project with an initial cost of $9.2 million. The project will produce cash Inflows of $1.72 million per year for 8 years. The project has the same risk as the firm. The firm has a pretax cost of debt of 5.97 percent and a cost of equity of 11.51 percent. The debt-equity ratio is 72 and the tax rate is 35 percent. What is the net present value of the project? Multiple Choice $510,018 O $566,687 O $589,354 $252,705 O O $485.732