How to figure out this kind of question? Thank you!

Consider a project with free cash ows in one year of $147 215 in a weak market or $191 572 in a strong market. wilh each outoorne being equally likely. The initial investment required for the pmject is $110 000, and the project's unlevered oost of capital is 16%. The risk-tree interest rate is 12%. (Assume no taxes or distress oosb.) a. What is the NPV of this project? [1. Suppose that to raise the funds tor the initial investment. the project is sold to investors as an all-equity rm. The equity holders will receive the cash ows of the project in one year: How much money can be raised in this waythat is. what is the initial market value of the unlevered equit o. Suppose the initial $110 000 is instead raised by borrowing at the risk-free interest rate. What are the cash flows 0' the levered equity in a weak market and a strong market at the end 01 year 1, and what is its initial market value 01 the Ievered equity according to MM? a. The NPV is $ 36029 . {Round to the nearest dollar.) h. The initial market value of the unlever'ed equity is s 146029 . (Round to the nearest dollar.) c. The cash ows of the Eevered equity in a weak market and a strong market at the end of year 1, and the initial market value at the levered equity according to MM is: {Round to the nearest dollar.) Date 0 Date 1 lnltlal value Cash ow strong economy cash ow weak economy Debt $1 10 000 3 5 Leverad equity $ 36029 $ 3