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Question 23 4 pts A company is evaluating a project that would require an initial investment of $18,000 and would generate unlevered cash flows of
Question 23 4 pts A company is evaluating a project that would require an initial investment of $18,000 and would generate unlevered cash flows of $10,000, $11,000, and $12,000 in each of the next three years. This expenditure would be partially financed using $6,000 of debt with an interest rate of 6%. All principal would be repaid in a single balloon payment at the end of the third year. The firm's target debt-equity ratio is 0.5, its unlevered cost of equity is 11%, and its tax rate is 24%. What is the NPV of the project according to the FTE method? O $3,009.53 $13,178.89 $9,655.40 $9,009.53 O $15,009.53
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