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ABC borrows $12,827 at a subsidized rate of 2.5% to invest in a project. The project lasts for 14 years and ABC repays the loan
ABC borrows $12,827 at a subsidized rate of 2.5% to invest in a project. The project lasts for 14 years and ABC repays the loan at the end of the project. If ABC's cost of debt is 6.1% and the tax rate is 36%, calculate the NPV of the this loan financing
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