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ABC borrows $ 1 4 , 5 5 1 at a subsidized rate of 3 . 2 % to invest in a project. The project
ABC borrows $ at a subsidized rate of to invest in a project. The project lasts for years and ABC repays the loan at the end of the project. If ABC's cost of debt is and the tax rate is calculate the NPV of this loan financing.
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