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Question 9 0.4 pts A project costs $400000 today and is expected to return 11% before corporate income taxes. The appropriate after-tax cost of capital
Question 9 0.4 pts A project costs $400000 today and is expected to return 11% before corporate income taxes. The appropriate after-tax cost of capital is 9%, and the firm pays taxes at the marginal rate of 40%. What is this project's NPV? Round your answer to the nearest dollar. O (9,600) 24,220 1,938 (8,807)
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