Suppose a company has a beta of 1, the market risk premium is 8.15% and the risk-free rate is 3.57%. the company has one outstanding bond issue with a YTM of 15.3%. Should the company pursue a project with an initial cost of $54,396 if the project generates cash flows of $29,052, $63,721 and $32,882 over years 1, 6, and 11 respectively? Assume that the companys equity and debt securities have total market value of $35.2M and $24.8M, respectively. The tax rate is 20.8%. Report the NPV of the project for your answer.