O The after-tax salvage value of $375,000. Question 27 9 pts A firm is considering a project that will generate perpetual after-tax cash flows of $25,000 per year beginning next year. The project has the same risk as the firm's overall operations. Equity costs 15% and debt costs 6% on an after-tax basis. The firm's D/E ratio is 1.2. What is the most the firm can pay for the project and still earn its required return? $212,250 O $247,750 $366,250 $276,500 $412,750 Question 28 9 pts A common stock issue is currently selling for $31 per share. You expect the next dividend next year to be $1.40 per share. If the firm has a dividend growth rate of 5% that is expected to remain constant indefinitely, what is the firm's cost of equity? O 13.8% O 11.3%