Consider a project lasting one year only. The initial outlay is $1,000 and the expected Inflow is $1,220. The opportunity cost of capital is r=022. The borrowing rate is rg 0.12, and the tax shield per dollar of interest is re 0.21. (Do not round Intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank-be certain to enter "0" wherever required.). a. What is the project's base-case NPV? Base-case NPV b. What is its APV if the firm borrows 32% of the project's required investment? Adusted present value