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question 9 is correct. need help on question 10. QUESTION 9 Use the information for questions 9 and 10. ABC Industries Market Value Balance Sheet

image text in transcribed question 9 is correct.
need help on question 10.
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QUESTION 9 Use the information for questions 9 and 10. ABC Industries Market Value Balance Sheet (s Millions) and Cost of Capital Assets Liabilities Cost of Capital Cash 250 Debt 650 Debt 7% Other Assets 1200 Equity 800 Equity 14% c 35% ABC Industries New Project Free Cash Flows Year 0 1 2 3 Free Cash Flows ($250) $75 $150 $100 Assume that this new project is of average risk for ABC Industries and that the firm wants to hold constant its debt to equity ratio ABC weighted average cost of capital is closest to: use the recebretotal debt - cash), not total debt B975 ED 51705 W QUESTION 10 (Continuing from #9) The NPV for ABC's new project is closest to: A. $25.25 B. $13.25 C. $9.00 D. $18.50

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