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The FTE method involves all of the following EXCEPT computing the project's NPV calculating the levered cost of equity determining the amount of the investments

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The FTE method involves all of the following EXCEPT computing the project's NPV calculating the levered cost of equity determining the amount of the investments that is not borrowed computing the PV of the cash flows using the cost of equity for an all-equi firm discounting the levered cash flows using the levered cost of owitu

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