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Jiminez, Incorporated, is an all - equity firm. The cost of the company's equity is currently 1 1 . 2 percent and the risk -
Jiminez, Incorporated, is an allequity firm. The cost of the company's equity is currently
percent and the riskfree rate is percent. The company is currently considering a
project that will cost $ million and last six years. The company uses straightline
depreciation. The project will generate revenues minus expenses each year in the
amount of $ million. If the company has a tax rate of percent, what is the net
present value of the project? Do not round intermediate calculations and enter your
answer in dollars, not millions of dollars, rounded to decimal places, eg
Net present value
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