Prior to the lien existing shareholders expected earn 20% on their investment. The company has 10,000 shares of stock outstanding NHS value of $100 the new million dollar loan has an interest rate of 5% and will be repaid over 10 years of Neko Mata installments since the company is not properly, it does not pay income tax making it effective tax rate zero kinder the companies see if I was using the working with a 20% discount rate on their proposed project she knows she needs to use a different rate going forward, but isnt sure what Raed she should years now what is the businesses new cost of equity upon taking the loan