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please help me A firm has a target debt-equity ratio of 1.1. The cost of debt is 7.5% and the cost of equity is 16%.
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A firm has a target debt-equity ratio of 1.1. The cost of debt is 7.5% and the cost of equity is 16%. The company has a 35% tax rate. A project has an initial cost of $66,000 and an annual after-tax cash flow of $23,000 for 8 years. There is no salvage value or net working capital requirement. What is the net present value of the project using the WACC? NOTE: Keep at least 4 decimal places for INTERMEDIATE CALCULATIONS. Enter your FINAL ANSWER to TWO decimal places. Do NOT include a \$ sign. Numeric ResponseStep by Step Solution
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