Your company is considering a project that will cost $1 million. The project will generate after-tax cash flows of $450,000 per year for 5 years. The WACC is 10% and the firm's target D/E ratio is .6. The flotation cost for equity is 7% and the flotation cost for debt is 5%. After adjusting for flotation costs, should the project be accepted? (5 marks) Upload Choose a File