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Consider a project with free cash flows in one year of ?$143,429or ?$190,456?, with each outcome being equally likely. The initialinvestment required for the project is ?$106,859?, and the?project's cost of capital is 23 %. The? risk-free interest rate is6 %.a. What is the NPV of this? project?b. Suppose that to raise the funds for the initial? investment,the project is sold to investors as an? all-equity firm. The equityholders will receive the cash flows of the project in one year. Howmuch money can be raised in this way - that ?is, what is theinitial market value of the unlevered? equity???c. Suppose the initial ?$106,859 is instead raised by borrowingat the? risk-free interest rate. What are the cash flows of thelevered? equity, what is its initial value and what is the initialequity according to? MM?*****please show work*****