MVP, Inc., has produced rodeo supplies for over 23 years. The company currently has debt-equity ratio of 44% and the tax rate is 25%. The required return on the firm's levered equity is 13%. The company is planning to expand its production capacity. The equipment to be purchased is expected to generate the following unlevered cash flows: Year0123CashFlow$13845748$5307707$8528824$8566158 The company has arranged a debt issue of $9351937 to partially thance the expansion. Under the loan, the company would pay interest of 8.6% at the end of each year on the outstanding balance at the beginning of the year. The company also would make year-end principal payments of one third of the debt, completely retiring the issue by the end of the third year