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Data Given: Debt/Equity of project= 40% Tax Rate 28% Levered equity 15% Debt Issue 10.00 m retiring at the end of year 3. IR= 10%

Data Given: Debt/Equity of project= 40% Tax Rate 28% Levered equity 15% Debt Issue 10.00 m retiring at the end of year 3. IR= 10% repayment of principal = Find NPV (debt financing) $3.20m

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