Consider a project with free cash flows in one year of $134,820 in a weak market or $169,291 in a strong market, with each outcome being equally likely. The initial Investment required for the project is $100,000, and the project's unlevered cost of capital is 15%. The risk-free interest rate is 3% (Assume no taxes or distress com a. What is the NPV of this project? b. Suppose that to raise the funds for the initial investment, the project is sold to investors as an all-equity firm. The equilty holders will receive the cash flows of the project in one year How much money can be raised in this way that is what is the initial market value of the unlevered equity? c. Suppose the initial $100,000 is instead raised by borrowing at the risk-free interest rate. What are the cash flow of the levered equity in a wenk market and a stro market at the end of year 1, and what is its initial market value of the lovered equity according to MM? Assume that the risk-free rato remains af is current level and ignore any arbitrage opportunity a. What is the NPV of this project? The NPV is $). (Round to the nearest dollar)