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Dyrdek Enserpfises has equity with a market value of $11.9 million and the market value of deot is $410 milion. The compary is evaluating a

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Dyrdek Enserpfises has equity with a market value of $11.9 million and the market value of deot is $410 milion. The compary is evaluating a new project that has more risk than the firm As a resut, the company will apply a risk adjustment foctor of 1,9 percent. The new project will cost $2.42 milion today and pronde annual cosh flows of $63. ooo far the next 6 years. The company's cost of equity is 11.51 percent and the peetax cost of c. c4 49 percent. The tax rate is 21 percent What is the projects NPV? Munple Choice- $210,704 5213.657 $547212 $382.002 \$193.570

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