Project A needs a $4m investment today and if 100% equity financed, will generate perpetual after-tax cash-flows of $1m per year, starting one year from now. Assume a 10% discount rate and a 30% tax rate. What is the projects NPV if financed with equity? What if you finance the project with $2.5m of permanent debt (i.e. interest payments only) and $1.5m of equity?