The initial outlay (today) for the project (investment in all needed assets for the project including opportunity costs) is $222. The project lasts 10 years. The cash flows for the termination value, TV, is $110 (this includes the recovery of investments in working capital and net proceeds from liquidating all assets for the project). The company plans to finance 30% of these assets with debt, 10% with preferred equity, and the rest with common equity. The yield to maturity for the company's bonds is 11%, the cost of common equity is 20%, and the cost of preferred stock is 14%. The corporate tax rate is 20%. Less than a year ago, the company paid $2 for a marketing study. This study shows that the company can sell 200 units of new product a year for 10 years. The study shows that the price can be set at $2 per unit and the variable production costs represent 90% of price. The company will incur $4 in annual cash fixed costs. The annual depreciation is $10. The study also shows that the sales of existing products will decrease by 30 units (customers that will upgrade/switch to the new product). The selling price of existing product is $0.50 per unit and the variable cost is 80% of price. Compute the WACC and use it to compute the net present value (NPV) of this Active project? Go to s