Based on market values, Gubler's Gym has an equity multiplier of 169 times, Shareholders require a return of 1183 percent on the company's stock and a pretax return of 507 percent on the company's debt. The company is evaluating a new project that has the same risk as the company itself. The project will generate annual aftertax cash flows of $323,000 per year for 7 years. The tax rate is 21 percent. What is the most the company would be willing to spend today on the project? Multiple Choice $1,575,494 $1522,978 $1,621,832 $1,645729