Violet Sky Shipping is evaluating a 1-year project that would involve an initial investment in equipment of 30,400 dollars and an expected cash flow of 31,700 dollars in 1 year. The project has a cost of capital of 2.61 percent and an internal rate of return of 4.28 percent. If they were to use 30,400 dollars in cash from its bank account to purchase the equipment, the net present value of the project would be 494 dollars. However, they have no cash in its bank account, so using money from its account is not possible. Therefore, the firm would need to borrow money to raise the 30,400 dollars. If Violet Sky Shipping were to borrow money to raise the 30,400 dollars, the interest rate on the loan would be 0.13 percent. Violet Sky Shipping would receive 30,400 dollars from the bank at the start of the project and would pay 30,440 dollars to the bank in 1 year. What is the NPV of the project if Violet Sky Shipping borrows 30,400 to pay for the project? They are also evaluating a project that would require the purchase of a piece of equipment for 164,000 dollars today. During year 1, the project is expected to have relevant revenue of 112,000 dollars, relevant costs of 35,000 dollars, and relevant depreciation of 15,000 dollars. They would need to borrow 164,000 dollars today to pay for the equipment and would need to make an interest payment of 3,000 dollars to the bank in 1 year. Relevant net income for the project in year 1 is expected to be 39,506 dollars. What is the tax rate expected to be in year 1? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.