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10. A firm is evaluating a project with an initial investment at time 0 of $640,000. The present value of the levered cash flows is

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10. A firm is evaluating a project with an initial investment at time 0 of $640,000. The present value of the levered cash flows is $729,400 and the net present value of the project is S157,000. What is the amount borrowed using the flow-to-equity method of valuation

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