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Homework: MFL 13 Save HW Score: 50%, 7 of 14 pts Score: 0 of 1 pt 13 of 14 (8 complete) P 13-26 (book/static) Question

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Homework: MFL 13 Save HW Score: 50%, 7 of 14 pts Score: 0 of 1 pt 13 of 14 (8 complete) P 13-26 (book/static) Question Help You are planning a new project that is to be entirely financed by issuing new debt. The project will require $20.00 million in financing and you estimate its NPV to be $15.000 million. The issue costs for the debt will be 3.0 % of facee value. Taking into account the costs of external financing, what is the NPV of the project? The new NPV will be $ (Round to the nearest dollar.)

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