solve both

For questions 12 to 14, please read the following case: Consider a project with free cash flow in one year of either $1,000,000 or $2,000,000, with each outcome being equally likely. The initial investment required for the project is $600,000, and the project's cost of capital is 15%. The risk-free interest rate is 7%. 2. What is the NPV of this project? A. $704,348 B. $763,636 C. $665,984 D. $834,665 E. $778,987 Suppose that to raise the funds for the initial investment, the project is sold to investors as an all-equity firm. The e this way-that is, what is the initial market value of the unlevered equity? quity holders will receive the cash flows of the project in one year. How much money can be raised in A. $1,363,636 . $1,200,565 . $1,391,282 . $1,401,869 $1,304,348 unnoca the initial $600.000 investment is raised by borrowing at the risk-free interest rate. What are the ca