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B net Attempts Romans Ramblin Wreck is a firm specializing in engineering components. The firm is publicly traded and is considering the following project The

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B net Attempts Romans Ramblin Wreck is a firm specializing in engineering components. The firm is publicly traded and is considering the following project The project will test 5.00 years with an annual cash flow of $40,00 million. The project will require an initial investment of $140.00 milion The firm must determine the cost of capital to evaluate the project (The project is within the firm's normal activities) Ramblin Wreck, Inc. Financial Data STOCK DATA: BOND DATA: Current Price Per Share $29.00 Current Price Per Bond $920.00 # of Shares 2.00 million #of bonds 20.000.00 Book Value $50 million Annual Coupon Rate 300 Face Value Por Bond $1,000 Maturity 10 years The risk free rate in the economy is currently 2.00% while investors have a market luk promum of 8.00% Ramblin Wreck Inc has a bea of 143. The tax rate is 36.00% What is the NPV of the project? express in millions. 50 1000000 would be 100)

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