Metallica Heavy Mining Corp wants to diversify its operations. Some recent financial information for the company is shown as: stock price $40.00, Number of shares 20,000, Total assets 6400000, Total liabilities 4000000, net income 760000. The company is considering an investment that has the same PE ratio as the firm. The cost of the investment is 600000, and it will be financed with a new equity issue.

The ROE on the investment would have to be_____?

If we wanted the price after the offering to be $40 per share (assume the PE ratio remains cionstant), the NPV of the investment would be_____?