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Bore industries is considering investing $55 million into a new project. The projected free cash flows from the project are shown in the table below.

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Bore industries is considering investing $55 million into a new project. The projected free cash flows from the project are shown in the table below. In order to finance the project, Bore will issue a 5-year bond with a face value of $80 milion that will be repaid in one bullet payment at the end of five years (as shown in the table below). The cost of debt on the bond is 4.5%, Bore's unlevered cost of capital is 12%, and iss marginal corporate tax rate is 25%. Using the APV method, what is the NPV of the project? (Select ono) $31,04 million $21.09 milion $56.15 mittion $95.12 milion Bore industries is considering investing $55 million into a new project. The projected free cash flows from the project are shown in the table below. In order to finance the project, Bore will issue a 5-year bond with a face value of $80 milion that will be repaid in one bullet payment at the end of five years (as shown in the table below). The cost of debt on the bond is 4.5%, Bore's unlevered cost of capital is 12%, and iss marginal corporate tax rate is 25%. Using the APV method, what is the NPV of the project? (Select ono) $31,04 million $21.09 milion $56.15 mittion $95.12 milion

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