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You are considering a project with an initial investment of $1,700,000. The predicted free cash flows of the project for years 1,2,3, and 4 are

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You are considering a project with an initial investment of $1,700,000. The predicted free cash flows of the project for years 1,2,3, and 4 are $800,000,$800,000,$300,000, and $200,000, respectively. Assume that the cost of debt, preferred stock, and common stock is 8%,10%, and . 12%, respectively. You plan on raising 1/3 of required capital from each stakeholder. The firm has a tax rate of 30%. Using the WACC method, what is the NPV of this project? $187,439.1 $124,767.2 $74,515.0 There is not enough information to answer this question $84,921.4

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