Problem 19-14 APV Consider a project lasting one year only. The initial outlay is $1,000 and the expected inflow is $1,280. The opportunity cost of capital is r= 0.28. The borrowing rate is ro = 0.09, and the tax shield per dollar of interest is Tc = 0.21. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) a. What is the project's base-case NPV? Base-case NPV b. What is its APV if the firm borrows 38% of the project's required investment? Adjusted present value