An all equity firm has 12 million shares currently selling for 32.50. the firm plans to invest $100 million immediately in a project with the same business risk as the existing assets of the firm. The project is expected to generate $25 million of pre-tax earnings in perpetuity. the firm's current cost of capital is 12.5% and it pays 40% tax rate. the firm plans to borrow the amount needed to start the project, 100 million by issuing bonds. the interest rate on those bonds or the firm's debt will be 8% yearly. if the cost of equity remains unchanged after borrowing, what will be the NPV of the project?