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ABC borrows $13,292 at a subsidized rate of 2.9% to invest in a project. The project lasts for 13 years and ABC repays the loan
ABC borrows $13,292 at a subsidized rate of 2.9% 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 7.7% and the tax rate is 36%, calculate the NPV of the this loan financing
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Sport Finance
Authors: Gil Fried, Timothy D. DeSchriver, Michael Mondello
3rd Edition
1450421040, 978-1450421041
