Consider a project lasting one year only. The initial outlay is $1,100 and the expected inflow is $1,300. The opportunity cost of capital is r= 21. The borrowing rate is ro= .11, and the tax shield per dollar of interest is Tc = .40. (Leave no cells blank - be certain to enter "0" wherever required. A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) a. What is the project's base-case NPV? Base-case NPV b. What is its APV if the firm borrows 31% of the project's required investment? Adjusted present value $ Consider a project lasting one year only. The initial outlay is $1,100 and the expected inflow is $1,300. The opportunity cost of capital is r= 21. The borrowing rate is ro= .11, and the tax shield per dollar of interest is Tc = .40. (Leave no cells blank - be certain to enter "0" wherever required. A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) a. What is the project's base-case NPV? Base-case NPV b. What is its APV if the firm borrows 31% of the project's required investment? Adjusted present value $