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Blue Grass Brewery is considering a project with an estimated operating income of $ 7 6 0 , 0 0 0 per year. The project
Blue Grass Brewery is considering a project with an estimated operating income of $ per year. The project will be partially financed with $M of debt that carries a interest rate. Using the FTE method, find the annual cash flow, taking into account that there will be no depreciation, net working capital, or investment cash flows, and assuming a corporate tax rate of and an unlevered cost of equity of
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