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Assume your project has a year one cash flow off 100,000.00 and cash flows increase at 6% each year 2 through four. The project requires

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Assume your project has a year one cash flow off 100,000.00 and cash flows increase at 6% each year 2 through four. The project requires working capital of 50,000.00 and has capital costs of 350,000.00. The equipment is depreciated to zero over the life of the project. The equipment will be salvaged at the end of the project for 30% of its original value. The tax rate is 21% The company bonds have a current selling 1052.88, semi-annual payments of 25.00, and 6 years to maturity. The total bond issue was valued at 11.5 million dollars. They have 100,000 share of preferred stock at 45.00 a share with a 2.97 dividend. The company has 1,000,000 shares of common stock at 29.00 a share. The market risk premium is 5.5%, the risk free rate is 1.4% and the company's beta is.9. What is the WACC? What is the NPV? What is the company's annual interest expense

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