Please answer within the hour

1. Lotus Oil and Gas is drilling a new oil well that is expected to generate an EBIT of $4 million forever with an initial investment cost of $27 million. The company would like to finance $12 million of the initial investment with borrowed money and the rest with equity. The cost of debt is 5%, taxes are 20%, and Lotus's unlevered cost of equity is 10%. What is the adjusted present value of this project if it is financed with $12 million of debt