Please answer the above question.

Alpha Industries is considering a project with an initial cost of $8.6 million. The project will produce cash inflows of $2.04 million per year for 6 years. The project has the same risk as the firm. The firm has a pretax cost of debt of 5.79 percent and a cost of equity of 11.39 percent. The debt-equity ratio is .66 and the tax rate is 21 percent. What is the net present value of the project? Multiple Choice $656,266 $506,837 $639,228 $758,352 $625,015