Bowal Ltd is deciding whether or not to invest in a new project. The project requires an initial investment of 100 million and will generate a net present value of 25 million. Bowal has a debt-equity ratio of 1.2, an equity beta of 1.5, and a debt beta of 0.1. The project would not change bowal's capital structure or betas. The total debt overhang associated with accepting the project is closest to: Your answer is correct (marked correct for everyone) $8 million O $12.5 million O $25 million O $0 million