You've been asked to determine the profit or loss on a potential project. It will cost $$73,158,090,$ it will increase net income by $$20,159,006$ the first year, $$23,744,235$ the second year, $$13,837,165$ the third year, $$14,833,341$ the fourth year and $$10,015,622$ the fifth year.

Your company just paid a dividend of $$4\mathrm{.}18,$ they plan to increase the dividend by $10\mathrm{.}8\%$ next year, by $5\mathrm{.}2\%$ in two years and then $2\mathrm{.}7\%$ each year forever after that. Expected return for their stock is $8\mathrm{.}3\%.$ The company has a beta of $1\mathrm{.}2$ the return on the market is $12\mathrm{.}3\%$ and the risk free rate is $2\mathrm{.}9\%.$ They have $6,064,914$ shares outstanding. The company also has $179,296,$ $$1000\mathrm{.}00$ face value, $15$ year, semi annual bonds issued $9$ years ago. The bond has a coupon of $8\mathrm{.}8\%.$ Current market rates are $4\mathrm{.}0\%.$ It also has $63,215$ shares of preferred stock. Preferred stock pays a dividend of $$8\mathrm{.}6$ and is currently selling for $$96.$ The company's before tax cost of debt is $7\mathrm{.}1\%$ and tax rate is $30\%$