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Completion This test can be sad and Your answers are saved automatically Remaining Time 30 minutes, 38 seconds Question Completion Status A Moving to

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Completion This test can be sad and Your answers are saved automatically Remaining Time 30 minutes, 38 seconds Question Completion Status A Moving to another question will save this response. Question 17 Lecture 10-Estimating the Cost of Capital and Lecture 11-Capital Budgeting and Valuation with Leverage and Exchange Risk) Question 17 of 14 points Sev XYZ Corp has a slook price of $24 per share with 0.5 million shares outstanding. The company also has 4,000 bonds outstanding. The current price for each bond is $1,500. XYZ's excess cash is zero. The comp has an equity beta of 2 and a debt bets of 0.5 Assume that the risk-free interest rate 2% and expected market risk premium is 6%, XYZ Inc. faces a tax rate of 30%. Suppose its management is considering a project that has the same risk and same financi roxas the fim, Given the following expected free cash flows of the project, the projects NPV iss mition tion Type ONLY your numerical answer in the unit of milion dollars, NO S sign, NO comma sign. Round to the nearest two decimal places. Eg. if your answer is $10.7546 million then input 18.70 FOF 130 mon 180 on & Mining to another question will save this response Question 17

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