Consider a project of the Cornell Haul Moving Company, the timing and size of the incremental after-tax cash flows. (for an allequity firm) are shown below in millions: Ine nimms tax rate is 34 percent; the firm's bonds trade with a yleld to maturity of 8 percent; the current and target debt-equity ratio is 2; if the firm were financed entirely with equity, the required return would be 10 percent. What is the levered after.tax incremental cash flow for year 4 ? (Note: If you cannot view the image, you can downioad it here: CaishFlows. PNG) $281,704,000 $465,152,000 $194,848,000 $460,796,000 Ine required return on equity for a levered firm is 10.60 percent. The debt to equity ratio is 1/2, the tax rate is 40 percent, the pre-tax cost of debt is 8 percent. Find the cost of capital if this firm were financed entirely with equit 10 percent 12 percent 8.67 percent none of the options