SNL must buy new plastic molding machines to meet the demand for its product. The cost of the equipment is $ 100,000. We estimates firm will increase operating cash flow (EMF) by 22 $ 000 per year over the next seven years. The company is funded by 40% debt and 60% equity. The cost of the company's equity is 16% and its cost of debt before taxes is 8%. The costs of issuing debt and equity is 2% and 8%, respectively. The corporate tax rate is 34%. 1) Determine the CPMC of the SNL company. 2) Ignoring the issue fees, what is the NPV of the proposed project? 3) Calculate the weighted average cost of issue costs, fE, for the business. 4) What is the dollar value of the cost of issuing the proposed financing? 5) After considering the issue costs, what is the NPV of the proposed project? SNL must buy new plastic molding machines to meet the demand for its product. The cost of the equipment is $ 100,000. We estimates firm will increase operating cash flow (EMF) by 22 $ 000 per year over the next seven years. The company is funded by 40% debt and 60% equity. The cost of the company's equity is 16% and its cost of debt before taxes is 8%. The costs of issuing debt and equity is 2% and 8%, respectively. The corporate tax rate is 34%. 1) Determine the CPMC of the SNL company. 2) Ignoring the issue fees, what is the NPV of the proposed project? 3) Calculate the weighted average cost of issue costs, fE, for the business. 4) What is the dollar value of the cost of issuing the proposed financing? 5) After considering the issue costs, what is the NPV of the proposed project