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Arquitectnica-Madrid has total debt of 11 with an average before tax cost of debt of 11%. Total equity is 58 with a cost of 15%.

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Arquitectnica-Madrid has total debt of 11 with an average before tax cost of debt of 11%. Total equity is 58 with a cost of 15%. The firm intends to implement projects whose total NPV is 8. If the firm's tax rate is 44%, how much new debt (in ) should the company issue to finance the intended projects? Arquitectnica-Madrid has total debt of 11 with an average before tax cost of debt of 11%. Total equity is 58 with a cost of 15%. The firm intends to implement projects whose total NPV is 8. If the firm's tax rate is 44%, how much new debt (in ) should the company issue to finance the intended projects

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