The Chief Financial Officer of ABC Company, Sam Sand, requests your assistance in preparing an analysis of the net cash flow projections for the proposed investment. Sam believes that the systematic risk of this project is similar to the average systematic risk of other ABC projects. Sam also indicates that 30% is the appropriate tax rate for this entire analysis. You also have the following information: The firm has 15 million shares of common stock outstanding that are trading for $19.20 per share. The current yield to maturity on 10-year Treasury Bonds is 3.00%. ABC's equity beta = 1.4. The market risk premium = 6.2254%. The firm's bonds have a 6.5%/yr. coupon rate, have a $1,000 face value, pay semi-annual coupons, and mature in 15 years. There are 100,000 bonds outstanding and they currently sell in the open market for $960.00 per bond.