Im having a problem in solving those two questions. can someone please explain it to me.

1. Wilma is considering opening a widget factory. The unlevered cost of equity for making widgets is 0.14. This factory would cost $25 million to set up, and would produce EBIT of $3 million per year for the foreseeable future. She is thinking of applying for a $7 million subsidized perpetual loan to finance this project. Complying with the auditing requirements of thisloan would have a present value of$1 million. This loan would have a rate of 0.05, while the rate she could get from the bank is 0.08.Her tax rate is 0.36. What is the NPV of this project, using the APV method?

Please give your answer to the nearest dollar.

2.Waterdeep Adventure Travel has an unlevered cost of equity of 16.7%, and a cost of debt of 6.8%. Their tax rate is 42%, and they maintain a capital structure of 57% debt and the rest equity. They are considering giving cave exploration tours to their menu of adventure vacations. Buying the needed equipment would cost $79,504, and would bring in $20,732 one year from today, and $81,870 two years from today. What is the NPV of this project, using the WACC method, if they invest today?

Please give your answer to the nearest dollar.