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Based on market values. Gublers Gym has an equity multiplier of 18 timesShareholders require a return of 11.59 percent on the company's stock and retax

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Based on market values. Gublers Gym has an equity multiplier of 18 timesShareholders require a return of 11.59 percent on the company's stock and retax return of 5.01 percent on the company's debt. The company is evaluating a new project that has the same risk as the company itself. The project will generate annual aftertax cash flows of 5311.000 per year for years. The tax rate is 35 percent. What is the most the company would be willing to spend today on the project

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