ABC borrows $13,205 at a subsidized rate of 3.2% to invest in a project. The project lasts for 13 years and ABC repays the loan at the end of the project. If ABC 's cost of debt is 6.4% and the tax rate is 39%, calculate the NPV of the this loan financing. ABC borrows $13,205 at a subsidized rate of 3.2% to invest in a project. The project lasts for 13 years and ABC repays the loan at the end of the project. If ABC 's cost of debt is 6.4% and the tax rate is 39%, calculate the NPV of the this loan financing