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Asta hausties is considering a project with an intial cost of $7.5 million. The project will produce cash inflows of $1.55 million per jer tor

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Asta hausties is considering a project with an intial cost of $7.5 million. The project will produce cash inflows of $1.55 million per jer tor 7yeus. The project has the same risk as the firm. The firm has a pretax cost of debt of 5.46 percent and a cost of equity of 17 percent The ded-equity ratio is 55 and the tax rate is 39 percent. What is the net present value of the project? Help Save & Exit Ooo

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