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PLEASE SOLVE THIS ASAP!! Dyrdek Enterprises has equity with a market value of $11.9 million and the market value of debt is $4.10 million. The

PLEASE SOLVE THIS ASAP!!
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Dyrdek Enterprises has equity with a market value of $11.9 million and the market value of debt is $4.10 million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of 1.9 percent. The new project will cost $2.42 million today and provide annual cash flows of $631,000 for the next 6 years. The company's cost of equity is 11.51 percent and the pretax cost of debt is 4.99 percent. The tax rate is 21 percent. What is the project's NPV? Multiple Choice $213,657 $547,212 $382,102 $193,570 $210.704

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