Marvel uses 25% common stock and 75% debt to finance their operations. The after-tax cost of debt is 6 percent and the cost of equity is 15 percent. The management of Marvel is considering an expansion project that costs $1.0 million. The project will produce a cash inflow of $55,000 in the first year and $175,000 in each of the following 10 years (i.e., $175,000 in years 2 through 11). What is the WACC and should Marvel invest in this project? 12.75 percent, no because the NPV is negative 12.75 percent, yes because the NPV is positive 8.25 percent, no because the NPV is negative 8.25 percent, yes because the NPV is positive