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its current WACC is 9.8%. Assuming that Cisco takes the project, how much additional debt must Cisco Issue in order to maintain a constant debt-to-enterprise
its current WACC is 9.8%. Assuming that Cisco takes the project, how much additional debt must Cisco Issue in order to maintain a constant debt-to-enterprise value ratio of 25% ? (Select one) \begin{tabular}{|lrrrrrrr|} \hline \multicolumn{7}{|c|}{ Free Cash Flows for New Project (in \$ million) } \\ Year & 0 & 1 & 2 & 3 & 4 & 5 \\ \hline FCF (in \$ millions) & (70.00) & 5.00 & 20.00 & 50.00 & 40.00 & 30.00 \\ \hline \end{tabular} \$26.31 million \$17.5 million \$8.81 million $70 million
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