FINA Corp. is considering a project to expand its business in auto parts. This project has an initial cost of $10M, a cash flow of $2M in year 1. and a growth rate of 5% per year. The last cash flow from this project happens in the sixth year. What is the NPV of this project? $0.59M $0.14M $1.38M -$0.66M FINA Corp. is considering a new project, which is to enter a new industry of kitchen appliances. FINA Corp's beta without the new project is 1.2. The market risk premium is 7%. The risk-free rate is 3%. The total shares outstanding of FINA is 20 million The stock price now is $5 per share. The tax rate is 35%. The following three firms are in the new industry that FINA wants to enter. Firm A is a competitor of FINA in auto parts. Firm A also has a division in kitchen appliances. Firm Bis producing kitchen appliances and all kinds of furniture. Firm C is in the kitchen appliances business only. The Beta of firms A. B. and Care 0.9. 1.1. 1.5, respectively