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Based on market values, Gubler's Gym fas an equity mullipliet of 1.68 times. Shareholders requite a refum of 11.79 percent on the company's stock and

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Based on market values, Gubler's Gym fas an equity mullipliet of 1.68 times. Shareholders requite a refum of 11.79 percent on the company's stock and a pretai retum of 5.06 percent on the companys debt. The company is evaluating a new project that has the same risk as the company itself. The project wit generate annual aftertax cash flows of $3210000 per year for 9 years. The tax tate is 21 percent. What is the most the conpony would be willing to spend today on the project? Maitiple Choice $1.802.338 51.86A,4B7 $1953,295

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