Long Problem . The ess Worldwide Trousers is considering an expansion of their existing b incremental after-tax cash flows to the project are: Year 0: - $25,500 Year 1: $ 5,500 Year 2: 7,500 Year 3: $ 8,500 Year 4: $ 10,000 The unlevered cost of equity is 10%. The corporate tax rate is 40%. usin 1. Calculate the NPV of the project if it is all equity financed. (13 points) a. Worldwide plans to issue a 4-year loan for $ 12,000 at an interest rate of 8% to partially finance the project. All principal will be repaid in one lump-sum at the end of the fourth year. Calculate the adjusted present value of the investment project (12 points) b. Long Problem . The ess Worldwide Trousers is considering an expansion of their existing b incremental after-tax cash flows to the project are: Year 0: - $25,500 Year 1: $ 5,500 Year 2: 7,500 Year 3: $ 8,500 Year 4: $ 10,000 The unlevered cost of equity is 10%. The corporate tax rate is 40%. usin 1. Calculate the NPV of the project if it is all equity financed. (13 points) a. Worldwide plans to issue a 4-year loan for $ 12,000 at an interest rate of 8% to partially finance the project. All principal will be repaid in one lump-sum at the end of the fourth year. Calculate the adjusted present value of the investment project (12 points) b