An All-Equity Firm Is Analysing a Potential Project Which Will

An all-equity firm is analysing a potential project which will require an initial, after-tax cash outlay of R50,000 and after-tax cash inflows of R6,000 per year for 10 years.In addition, this project will have an after-tax salvage value of R10,000 at the end of Year 10.If the risk-free rate is 6 percent, the return on an average share is 10 percent, and the beta of this project is 1.50, then what is the project's NPV?

A) R13,210
B) R4,905
C) R7,121
D) -R6,158
E) -R12,879