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fin355 b. The firm finances the project with $20000 debt at 11% with $100 after-tax flotation costs. Principal is repaid at $3000 per year with
fin355 
b. The firm finances the project with $20000 debt at 11% with $100 after-tax flotation costs. Principal is repaid at $3000 per year with added interest. Pearson's tax rate is 60%. The net present value of the project under leverage? Now, Should this project be accepted Step by Step Solution
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Personal Financial Literacy
Authors: Joan S. Ryan , Christie Ryan
3rd Edition
1337412686,1305980697
