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bleu, Incorporated, is considering a project that will result in initial aftertax cash vings of $ 1 . 7 2 million at the end of
bleu, Incorporated, is considering a project that will result in initial aftertax cash vings of $ million at the end of the first year, and these savings will grow at a rate percent per year indefinitely. The company has a target debtequity ratio of a st of equity of percent, and an aftertax cost of debt of percent. The costsaving oposal is somewhat riskier than the usual projects the firm undertakes; management es the subjective approach and applies an adjustment factor of percent to the cost capital for such risky projects. What is the maximum initial cost the company would be Iling to pay for the project? Do not round intermediate calculations and enter your swer in dollars, not millions of dollars, rounded to decimal places, eg laximum cost
bleu, Incorporated, is considering a project that will result in initial aftertax cash vings of $ million at the end of the first year, and these savings will grow at a rate percent per year indefinitely. The company has a target debtequity ratio of a st of equity of percent, and an aftertax cost of debt of percent. The costsaving oposal is somewhat riskier than the usual projects the firm undertakes; management es the subjective approach and applies an adjustment factor of percent to the cost capital for such risky projects. What is the maximum initial cost the company would be Iling to pay for the project? Do not round intermediate calculations and enter your swer in dollars, not millions of dollars, rounded to decimal places, eg
laximum cost
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