Super Duper Foods is considering an investment in a project which would require an initial outlay of $240,000 and produce expected cash flows in years 1-4 of $79,400 per year. You have determined that the current before-tax cost of the firm's capital for each source of financing as follows. cost of long-term debt - 9% and cost of common stock - 12% 1 Goodite's target debt-to-equity ratio is 0.50 and its effective tax rate is 30%, what would be the net present value of this project? $10.988 512415 $7.563 519 310