Alpha Industries is considering a project with an initial cost of $7.7 million. The project will produce cash inflows of $1,35 million per year for 9 years. The project has the same risk as the firm. The firm has a pretax cost of debt of 5.62 percent and a cost of equity of 11.21 percent. The debt-equity ratio is 67 and the tax rate is 35 percent. What is the net present value of the project? O $580.205 $522,185 $497,319 $603,414 $346,351