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Please solve using Excel and show formulas. Consider the following projects. Assume that this firm's beta =1.5 The expected market return is 12%. The risk

Please solve using Excel and show formulas.

image text in transcribed Consider the following projects. Assume that this firm's beta =1.5 The expected market return is 12%. The risk free rate is 2.5%. This company can borrow debt at 5.2%. The firm has $5 billion in debt. It has 6 billion shares outstanding at $3 price/shr. The corporate tax rate (Tc)=21% Question: What is the NPV of project B ? Multiple Choice The NPV for project B is $2,158 The NPV for project B is $128 The NPV for project B is $3,458 The NPV for project B is $122

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