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You are a consultant who has been hired to evaluate a new product line for Markum Enterprises. The uptront investment required to launch the product line to $14 million. The product wil generate free cash flow of 50.77 million Weinst year, and this free cash flow is expected to grow at a rate of 4% per year. Markum has an equity cost of capital of 115% a debt cost of capital of 5.76%, and a tax rate of 38% Warkum maintains a debloquity ratio of 10 a. What is the NPV of the new product (including any tax shields from leverage b. How much dobit wil Manuninitially taken as a result of launching this product ine? c. How much of the product line's value is rate to the present value of interest tax shields What is the NPV of the new product in (inding any lased from leverager Ther of the new product motion (Round towe decimal places) 6. How much Will Morum initially take on as a result of launching this product ine? Debt will be milion Mound to two decimatom.) How much of the product line's value is able to the sale of Wrestasi Tha anunt of the producties value that is attributable to the present alors moiton (hound to wotecima) You are a consultant who has been hired to evaluate a new product line for Markum Enterprises. The upfront investment required to launch the product line is $14 million. The product will generate free cash flow of $0.77 milion the first year, and this free cash flow is expected to grow at a rate of 4% per year. Markum has an equity cost of capital of 11.5%, a debt cost of capital of 5.75%, and a tax rate of 38%. Markum maintains a debt-equity ratio of 0.50. 2. What is the NPV of the new product line (including any tax shields from leverage)? b. How much debt wil Markum initially take on as a result of launching this product line? c. How much of the product line's value is attributable to the present value of interest tax shields? a. What is the NPV of the new product line (including any tax shields from leverage)? The NPV of the new product line is smilion (Round to two decimal places.) b. How much debt wil Markum initially take on as a result of launching this product line? Debt will be $ million (Round to two decimal places) c. How much of the product line's value is attributable to the present value of interest tax shields The amount of the product line's value that is attributable to the present value of interest tax shields is $ million (Round to two decimal places.)