Question
Use the information for the question(s) below. Iota Industries Market Value Balance Sheet ( Millions) Assets Cash Other Assets 250 1200 Liabilities Debt 650 Equity
Use the information for the question(s) below. Iota Industries Market Value Balance Sheet ( Millions)
Assets Cash Other Assets
250 1200
Liabilities Debt 650 Equity 800
14%; Tax, 35%
Cost of Capital: Debt
7%; Equity
Iota Industries New Project Free Cash Flows Year 0123
Free Cash Flows (250) 75 150 100 Assume that this new project is of average risk for Iota and that the firm wants to hold constant its debt-to-equity ratio.
The NPV for Iota's new project is:
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
