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please slove and explain how amswers were obtained Speedy Computers, Inc. is considerin $50 million. The project will ge cash flows of $8 million for

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Speedy Computers, Inc. is considerin $50 million. The project will ge cash flows of $8 million for ten years. to-equity ratio of 2/3. "The equity The expected return on the market is 12 percent and free rate is 4 percent. The cost Calcula Speedy should take on the project. is considering a new project that costs e project will generate after-tax (year-end) for ten years. The firm has a debt- 110 of 2/3. The equity beta for Speedy is 1.75. the market is 12 percent and the risk- e 15 4 percent. The cost of debt is 7.5 percent. The orate tax rate is 40 percent. The project has the same risk of the overall firm. the overall firm. Calculate the NPV and decide if

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