Stephens, Corp. (SC) is considering a new two-year project. SC estimates that there is a 25% probability that cash flows in two years will be $250,000, a 30% probability that the cash flows will only be $200,000 and a 45% probability the cash flows will be $350,000. The cost of the project is $220,000. The project's cost of capital is 15% and the risk-free rate is 5%. What is the NPV of the project if financed with 100% equity? If the $220,000 cost of the project is financed with all equity, then what is the rate of return on the unlevered equity? If the project is financed with 30% debt (at the risk-free rate), what is the expected return on the levered equity?