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Alpha Industries is considering a project with an initial cost of $ 7 . 8 million. The project will produce cash inflows of $ 1
Alpha Industries is considering a project with an initial cost of $ million. The project will produce cash inflows of $ million per year for years. The project has the same risk as the firm. The firm has a pretax cost of debt of percent and a cost of equity of percent. The debtequity ratio is and the tax rate is percent. What is the net present value of the project?
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