QUESTION 18 [Q18-Q23] You are evaluating a 1-year project that is in line with the firm's existing business. Specifically, this new project requires an investment of $1,200 in free cash flow today, but will generate $1,600 one year from today. The project will be partially financed with a 1-year maturity debt whose face value is $200 and interest rate is 10%. Suppose that you estimated the cost of equity as 20%, based on the firm's stock data. However, you were not able to estimate the cost of debt because your firm's total debt consists of long-term debt, short-term debt, investment grade debt, and debt with different levels of collateral. Assume that the corporate tax rate is 30%. QUESTION 22 Under the FTE approach, the NPV of the project is obtained by discounting future FCFE using the A Cost of assets B. Cost of levered equity C Weighted average cost of capital D. Cost of unlevered equity QUESTION 23 What is the NPV of this project? A $21 OB. 814 C. $155 D.580