Idealized World with Taxes 17 1 point What is the net present value of the investment project? Enter your answers with two decimals You are the financial manager of FreshFood Inc. and you are considering a $1M investment in the travel sector. You expect after-tax cashflows of $300,000 in perpetuity. The project is financed with a debt-to-equity ratio of 1:1. The beta of the firm's debt is O, the risk-free rate is 3%, and the market return is 10%. Also, you see three competitors in the travel sector with (unlevered) asset betas of 1.3, 1.5, and 1.7; and you see three competitors in the food production industry with (unlevered) asset betas of 1.2, 1.3, and 1.4. Assume an idealized world with taxes (t=21%) and with well-functioning markets. Type your