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Apho industries is consideting a project with an initial cost of 57.9 million. The project wil produce cash millown or 5187 million per year for

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Apho industries is consideting a project with an initial cost of 57.9 million. The project wil produce cash millown or 5187 million per year for 6 years. The project has free same risk as the firm. The firm thas a pretax cost of debt of 543 percent and a cost of equify of 1115 percent. The debt-equify ratio is 65 and the tax rate is 35 perient What Is the het present value of the project

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