Dyrdek Enterprises has equity with a market value of $10.3 million and the market value of debt is $3.40 million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of 11 percent. The new project will cost $2.10 million today and provide annual cash flows of $551,000 for the next 6 years. The company's cost of equity is 10.87 percent and the pretax cost of debt is 4.83 percent. The tax rate is 35 percent What is the project's NPV? Multiple Choice 0 $375,321 O $266,983 O $296,333 O $375,321 $266,983 $296,133 $458,724 $239782