Question 10 (1 point) Butterflyers Corp. has a capital structure which is based on 40 % debt, 10 % preferred stock, and 50 % common stock. The after-tax cost of debt is 6 %, the cost of preferred is 7 %, and the cost of common stock is 9 %. The company is considering a project that is equally as risky as the overall firm. This project has initial costs of $125,000 and cash inflows of $76,000 a year for two years. What is the projected net present value of this project? $11,275.07 $11,398.16 $11,403.03 $11,006.18 $11,783.43 $11,398.16 $11,006.18 $11,275.07 $11,403.03 $11,783.43