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Assignment b Score: 0 of 10 pts 10 of 10 (1 complete) HW Score: 10%, 10 of 10... P 13-26 (similar to) Question Help You

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Assignment b Score: 0 of 10 pts 10 of 10 (1 complete) HW Score: 10%, 10 of 10... P 13-26 (similar to) Question Help You are planning a new project that is to be entirely financed by issuing new debt. The project will require $20.38 million in financing and you estimate its NPV to be $14.282 million. The issue costs for the debt will be 2.5% of face value. Taking into account the costs of external financing, what is the NPV of the project? The new NPV will be $1 (Round to the nearest dollar.)

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