NEED THIS ANSWER IN 10 MINUTES

Beta Industries is considering a project with an initial cost of $6.9 million. The project will produce cash inflows of $1.52 million a year for seven years. The firm adjusts it cost of capital depending on the project risk. For this project, the risk adjustment is +2.2 percent. The firm has a pretax cost of debt of 9.1 percent and a cost of equity of 17.7 percent. The debt-equity ratio is .57 and the tax rate is 34 percent. What is the cost of capital that will be used for this particular project? Arrastre la respuesta aqu 13.4544 % 271645 What is the NPV of the project? Arrastre la respuesta aqu -698370 -271645 15.6544 % 698370