Panelli's is analyzing a project with an initial cost of $110,000 and cash inflows of $65,000 in year 1 and $74,000 in year 2. This project is an extension of the firm's current operations and thus is equally as risky as the current firm. The firm uses only debt and common stock to finance its operations and maintains a debt-equity ratio of 45. The aftertax cost of debt is 4.8 percent t, the cost of equity is 12.7 percent, and the tax rate is 35 percent. What is the projected net present value of this project? $75, 705.93 4, 408.11 295.40 220.09 70.15 considering a new product launch. The project will cost $574,000, have a five-years life, and have value: depreciation is straight-line to zero. Sales are projected at 160units per year, price per unit will variable cost per unit will be $12, 500, and fixed costs will be $179,000 per year. The required percent and the relevant tax rate is 35 percent. Based on your experience, you think the unit sales, fixed cost projections given here are probably accurate to within plusminus 3 percent. What is the