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The NuPress Valet Co . has an improved version of its hotel stand. The investment cost is expected to be $ 7 2 , 0

The NuPress Valet Co. has an improved version of its hotel stand. The investment cost is expected to be $72,000,000 and will return $13,500,000 for 5 years in net cash flows. The debt to equity ratio is 1. The cost of equity is 13%, the cost of debt is 9%, and the tax rate is 34%. What is the NPV of the project?
The NPV of the project is -$20,123,870.16.
The NPV of the project is $51,876,129.84.
The NPV of the project is -$22,105,390.26.
The NPV of the project is -$19,202,335.93.
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