Vargo's has a target debt-to-value ratio of .6. The pretax cost of debt is 8.4 percent, the tax rate is 21 percent, and the unlevered cost of equity 13.2 percent. A project the firm is considering has a cash flow to the levered equityholders of $48,700 and an initial unborrowed cost of $216,000. What is the NPV of the project? A) $41,836 B) $48,208 C) $62,342 D) $61,003 E) $38,367