Question: Please show all work or excel formula! Jiminez, Incorporated, is an all-equity firm. The cost of the company's equity is currently 11.6 percent. The company

 Please show all work or excel formula! Jiminez, Incorporated, is an

Please show all work or excel formula!

Jiminez, Incorporated, is an all-equity firm. The cost of the company's equity is currently 11.6 percent. The company is currently considering a project that will cost \$11.67 million and last six years. The company uses straight-line depreciation. It will finance it with 60% debt with an interest rate of 8%. The project will generate revenues minus expenses each year in the amount of $3.37 million. If the company has a tax rate of 24 percent, what is the net present value of the project

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