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2. Suppose there is a similar company who has $200 million in debt outstanding at a rate of 5% and EBIT of $10 million in

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2. Suppose there is a similar company who has $200 million in debt outstanding at a rate of 5% and EBIT of \$10 million in 2017. Assume that the company's EBIT and debt are expected to grow at the same rate so that the interest cap will continue to be binding. Suppose the unlevered cost of equity is 9%, and the tax rate is 21%. Calculate the NPV and IRR of this company's project with the following FCF and associated EBITs: (5 points)

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