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Mullen Group is considering adding another division that requires a cash outlay of $ 3 0 , 0 0 0 and is expected to generate
Mullen Group is considering adding another division that requires a cash outlay of $ and is expected to generate $ in aftertax cash flows each year for the next five years. The company's target capital structure is debt, preferred, and common equity. The aftertax cost of debt is the cost of preferred is and the cost of retained earnings is The firm will not be issuing any new stock. What is the NPV of this project?
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