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Antorio's is analyzing a project with an initial cost of $39,000 and cash inliows of $25,000 a year for 2 years. This project is an

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Antorio's is analyzing a project with an initial cost of $39,000 and cash inliows of $25,000 a year for 2 years. This project is an extension of the firm's current operations and thus is equally as risky as the current firm. The firm uses only debt and common stock to finance their operations and maintains a debt-equity ratio of 0.8 . The pre tax cost of debt is 7.8 percent and the cost of equity is 11.4 percent. The tax rate is 34 percent. What is the projected net present value of this project? Muttiple choice 4343519 5520=70 55,204.70 436.84467 $1252719 50.176 .50

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