q7 kindly solve this finance question

Mega Corporation has asked for your advice on whether to invest $35 million in a slew line of beach products. The investeetil will yield earnings belure laxes of $10 millioni per year, and any depreciation on the project will be invested back into the project as capilal mainilemiance expendilure. There will be no working capital investmenil. The project is expected to have an itilizate life. While the price data of the company is insullicient to calculate a bela, the levered beta of a comparable company is 1.05 with debl lo equily raliu of 50%. Ilowever, Muga will mainilais ils existing liancing mix of 60% equily and 40% dubt. The cost of bonowing is 10%. The tax rate for the indusly is 35%. The leti-year Luas try bond rate is 7% and the market risk premium is 3.5%. A. Calculate the NPV of the project using WACC? million Required Calculations: 1. After tax cash inflows are: 2. Unilevered bola of Corriparable is: 3. Levered bota of Mega is: 4. Cost of Mega equity 5. WACC of Mugais 6. NPV using WACC is: million Juilliani B. Calculate the NPV of the project using FTE? Required Calculation 1. Lutial cost for equity hollurn is: 2. After-tax cash inflows to quity holders are: 3. Cost of equity is 4. NPV using FTE is: milliwi million 06 Mega Corporation has asked for your advice on whether to invest $35 million in a slew line of beach products. The investeetil will yield earnings belure laxes of $10 millioni per year, and any depreciation on the project will be invested back into the project as capilal mainilemiance expendilure. There will be no working capital investmenil. The project is expected to have an itilizate life. While the price data of the company is insullicient to calculate a bela, the levered beta of a comparable company is 1.05 with debl lo equily raliu of 50%. Ilowever, Muga will mainilais ils existing liancing mix of 60% equily and 40% dubt. The cost of bonowing is 10%. The tax rate for the indusly is 35%. The leti-year Luas try bond rate is 7% and the market risk premium is 3.5%. A. Calculate the NPV of the project using WACC? million Required Calculations: 1. After tax cash inflows are: 2. Unilevered bola of Corriparable is: 3. Levered bota of Mega is: 4. Cost of Mega equity 5. WACC of Mugais 6. NPV using WACC is: million Juilliani B. Calculate the NPV of the project using FTE? Required Calculation 1. Lutial cost for equity hollurn is: 2. After-tax cash inflows to quity holders are: 3. Cost of equity is 4. NPV using FTE is: milliwi million 06