You are given the following information on the Company - Net amount of debt is Php 300 million, with a debt cost of capital of 6.0% - The Company has a total equity of Php 500 million, with an equity cost of capital of 10.0% - The corporate tax rate is 40% The Company plans to pursue an investment, which has similar risk to the Company. It will generate free cash flow of Php 5 million on the first year and is expected to grow by 2% per year from then on. The Company will adjust its capital structure to maintain the debt-to-equity ratio. The initial purchase price of this investment is 80 million. Calculate the net present value of this investment to the Company. A. Less than Php 7 million B. Greater than Php 7 million and less than Php 8 million C. Greater than Php 8 million and less than Php 9 million D. Greater than Php 9 million and less than Php 10 million E. Greater than Php 10 million