Walker, Inc., is an all-equity firm. The cost of the company’s equity is currently 11.9 percent and the risk-free rate is 3.5 percent. The company is currently considering a project that will cost $11.4 million and last 6 years. The company uses straight-line depreciation. The project will generate revenues minus expenses each year in the amount of $3.8 million. If the company has a tax rate of 23 percent, should it accept the project?