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will like Suppose that a firm has both a current and target debt-equity ratio of 0.6 , cost of debt is 15.15%, and cost of

will like
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Suppose that a firm has both a current and target debt-equity ratio of 0.6 , cost of debt is 15.15%, and cost of equily of 20%. The corporate tax rate is 34%. Suppose that the firm is considering a project that costs $50 million today and expected to yield cash flows of $12 million per year for 6 years. Find the NPV. $14.56 million $2.91 million 5. 13 million -56.07 million

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