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Consider a $25 million project. OCF is $3 million for 5 years. Cost of debt is 10%, cost of equity is 20% and corporate tax

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Consider a $25 million project. OCF is $3 million for 5 years. Cost of debt is 10%, cost of equity is 20% and corporate tax rate is 40%. If D/E ratio is 3, find the NPV of the Loan for the bond issue. O a $6,000,000 O b. $4,500,000 Oc$1,705,854.05 O d. $2,274,472.06 e. $2,843,090.08

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