Problem 19-13 APV A project costs $1 million and has a base-case NPV of exactly zero (NPV = 0). (A negative answer should be indicated by a minus sign. Enter your answers in dollars, not millions of dollars.) a. If the firm Invests, it has to raise $680,000 by a stock issue. Issue costs are 19.45% of net proceeds. What is the project's APV? Adjusted present value b. If the firm Invests, there are no issue costs, but its debt capacity Increases by $680,000. The present value of Interest tax shields on this debt is $94,000. What is the project's APV? Adjusted present value