Alpha Industries is considering a project with an initial cost of $$8\mathrm{.}3$ million. The project will produce cash inflows of $$1\mathrm{.}73$ million per year for $7$ years. The project has the same risk as the firm. The firm has a pretax cost of debt of $5\mathrm{.}70$ percent and a cost of equity of $11\mathrm{.}33$ percent. The debt$-$equity ratio is $\mathrm{.}63$ and the tax rate is $25$ percent. What is the net present value of the project?

Multiple Choice

$$545,116$

$$471,735$

$$362,201$

$$524,150$

$$449,271$