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A firm has an equity cost of capital of 10%, market capitalization of $10.8 billion, and an enterprise value of $14.4 billion. Suppose the firm's

A firm has an equity cost of capital of 10%, market capitalization of $10.8 billion, and an enterprise value of $14.4 billion. Suppose the firm's cost of debt capital is 6.1% and its marginal tax rate is 35%. The firm follows a policy of maintaining a constant debt-equity ratio Year UCF 100 50 100 70 (e) What is the unlevered value of the proposed project? (f) What is the present value of the tax shields from the proposed project? (g) What is the APV of this project? (h) What are the levered cash flows from this project? (i) What is the value of this project calculated using the FTE method

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