12.1 please answer and show ALL Calculations used to arrive at the answer ...

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Finance

12.1 please answer and show ALL Calculations used to arrive at the answer

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12.1 Furniture Depot, Inc., is an all-equity firm with a beta of 0.95. The market risk premium is 9 percent and the risk-free rate is 5 percent. The company is considering a project that will generate annual after-tax cash flows of $340,000 at year-end for five years. The project requires an immediate investment of $1.2 million. If the project has the same risk as the firm as a whole, should Furniture Depot undertake the project

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