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Hi please answer, i will upvote :) 5 pts Question 5 Mullen Group is considering adding another division that requires a cash outlay of $30.000
Hi please answer, i will upvote :)
5 pts Question 5 Mullen Group is considering adding another division that requires a cash outlay of $30.000 and is expected to generate $7.810 in after-tax cash flows each year for the next five years. The company's target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6%, the cost of preferred is 7%, and the cost of retained earnings is 12%. The firm will not be issuing any new stock. What is the NPV of this project? Your answer should be between 94.50 and 920.42, rounded to 2 decimal places, with no special characters
Hi please answer, i will upvote :)
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