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Based on market values, Gubler's Gym has an equity multiplier of 1.68 times. Shareholders require a return of 1179 percent on the companya vioch ind

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Based on market values, Gubler's Gym has an equity multiplier of 1.68 times. Shareholders require a return of 1179 percent on the companya vioch ind Dretax return of 5.06 percent on the company's debt. The company is evaluating a new project thot has the same risk as the company itseif fturtit will generate annuat aftertox cosh flows of $321,000 per year for 9 years, The tax rate is 21 percent. What is the most the compory would be wir ria spend today on the project? Muitiple Choice $1,802339 $1,953,295 $1,919,325 $1,864,487 $2,264,479

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