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Dyrdek Enterprises has equity with a market value of $ 1 1 . 7 million and the market value of debt is $ 4 .
Dyrdek Enterprises has equity with a market value of $ million and the market value of debt is $ million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of percent. The new project will cost $ million today and provide annual cash flows of $ for the next years. The company's cost of equity is percent and the pretax cost of debt is percent. The tax rate is percent. What is the project's NPV
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