The following information is associated with a proposed new venture The initial cost is estimated to be 75000 and cash inflows over a sixyear life are estimated to be 26000 annually The firms cost of capital is 12 However another firm whose sole business is in the same field as the new venture is publicly traded and has a beta of 16 The average stock is currently yielding 11 and the yield on shortterm treasury bills is 4 Calculate the risk adjusted NPV for the project