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How to enter each solution as an excel formula A firm is considering a project that will generate perpetual after-tax cash flows of $24,500 per

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A firm is considering a project that will generate perpetual after-tax cash flows of $24,500 per year beginning next year. The project has the same risk as the firm's overall operations and must be financed externally. Equity flotation costs 12 percent and debt issues cost 3 percent on an after-tax basis. The firm's D/E ratio is 0.5 What is the most the firm can pay for the project and still earn its required return? Perpetual after-tax yearly cash flows 24,500 Equity flotation cost Debt flotation cost Firm D/E ratio 12.00% 3.00% 0.90 Complete the following analysis. Do not hard code values in your calculations do not round intermediate calculations, and round your answer to the nearest whole dollar D/(D+E) E/(D+E) WACC

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