please just answer the first two questions.

P14-1 (similar to) Question Help Consider a project with free cash flows in one year of $147.400 or 5171,400, with each outcome being equally likely. The initial investment required for the project is $93,800, and the project's cost of capital is 20%. The risk-free interest rate is 12%. a. What is the NPV of this project? b. Suppose that to raise the funds for the initial investment, the project is sold to investors as an all-equity firm The equity holders will receive the cash flows of the project in one year. How much money can be raised in this way that is what is the initial market value of the unlevered equity? c. Suppose the initial 593,800 is instead raised by borrowing at the risk-free interest rate. What are the cash flows of the levered equity, what is its initial value and what is the initial equity according to MM? a. What is the NPV of this project? The NPV is $(Round to the nearest doltar) HW Score: 15.56%, 0.93 0. P15-5 (similar to) Question Help Your firm currently has 5112 million in debt outstanding with a 9% interest rate. The terms of the loan require the firm to repay $28 million of the balance each year. Suppose that the marginal corporate tax rate is 21%, and that the interest tax shields have the same risk as the loan. What is the present value of the interest tax shields from this debt? The present value of the interest tax shields is smilion (Round to two decimal places.) lete HW Score: 1556%, 0.93 of P15-10 (similar to) Question Help Rogot Instruments makes fine violins and cellos. It has $1.6 million in debt outstanding, equity valued at $2.5 million and pays corporate income tax at rate 21%. Its cost of equity is 11% and its cost of debt is 5% a. What is Rogot's pretax WACC? b. What is Rogot's (effective after-tax) WACC? a. What is Rogot's pretax WACC? Rogot's pretax WACC is I % (Round to two decimal places.)