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Consider a project of the Cornell Haul Moving Company, the timing and size of the incremental after - tax cash flows ( for an all
Consider a project of the Cornell Haul Moving Company, the timing and size of the incremental aftertax cash flows for an allequity firm are shown below in millions:
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The firm's tax rate is percent; the firm's bonds trade with a yield to maturity of percent; the current and target debtequity ratio is ; if the firm were financed entirely with equity, the required return would be percent.
What is the levered aftertax incremental cash flow for year
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