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CrochetCo is considering an investment in a project which would require an initial outlay of $343191 and produce expected cash flows in years 1 through
CrochetCo is considering an investment in a project which would require an initial outlay of $343191 and produce expected cash flows in years 1 through 6 of $81326 per year. You have determined that the current after-tax cost of the firm's capital (required rate of return) for each source of financing is as follows: Source of Capital Cost Weight Long-Term Debt 3% 58% Preferred Stock 9% 15% Common Stock
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