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Hition Worldwide Holdings is consideting investing in a project that regures af after-tax initial investment of $218 mition and is oxpected to produce afier-sax cash

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Hition Worldwide Holdings is consideting investing in a project that regures af after-tax initial investment of $218 mition and is oxpected to produce afier-sax cash inflows of $55 milion for first two years, $60 milion for the next two years and 585 in the fith year. The frimis cost of capital is 11.5%. Based on this information, the Fre of the project is petcent and the frim should the project A12,7,reject E. 9.5, repeet C. 12.7; accept D. 9,5 ossept

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