Antonios is analyzing a project with an initial cost of $30000and cash inflows o

Antonios is analyzing a project with an initial cost of $30000and cash inflows of $27000 a year for 2 years. This project is anextension of the firms current operations and thus is equally asrisky as the current firm. The firm uses only debt and common stockto finance their operations and maintains a debt-equity ratio of0.4. The pre-tax cost of debt is 9.4 percent and the cost of equityis 12.2 percent. The tax rate is 34 percent. What is the projectednet present value of this project?