a company is considering undertaking a project whose initial cash outlay is sh.100,000,000. Its annual cash inflows are summarized below Year annual cash inflow certainty equivalent coefficient 1 35m 0.9 2 35m 0.8 3 35m 0.7 4 35m 0.3 5 35m 0.2 2 The cost of capital is 10% and the risk free rate is 7.5% i. Determine the projects NPV without adjusting for the inherent risk in the respective years cash flows. (4 Marks) ii. Calculate the projects NPV after adjusting for the inherent risks in each years cash flows (4 Marks) c) Write short notes on any four restrictive covenants that debt holders may use to protect their wealth from management and shareholders raids. (8 Marks) d) Outline any four factors determining the amount of dividends to be paid by a company. (8 Marks)