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Semesta Tour & travel has a capital structure that consists of 55 percent common stock, 5 percent preferred stock, and 40 percent debt. The cost

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Semesta Tour & travel has a capital structure that consists of 55 percent common stock, 5 percent preferred stock, and 40 percent debt. The cost of common stock is 13 percent, the cost of preferred stock is 9 percent and the cost of debt is 7.5 percent. The company is considering taking a new project that has a similar risk to the overall company's risk. The applicable tax rate is 39 percent. If the project needs $315,000 of the initial investment in year 0 and generates cash inflow.of $87,000 in year 1, $279,000 in year 2, and $116,000 in year 3, what is the net present value estimate of this project? (round to 2 decimal places for final calculation only) * O $86,011 O $72,208 O $76,011 O $62,208 O This is a required

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