Alpha Industries is considering a project with an initial cost of $9.2 million. The project will produce cash inflows of $172 million per year for 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 21 percent. What is the net present value of the project? Multiple Choice $589,354 $439,173 $510.018 $485.732 5252705 10