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You are planning a new project that is to be entirely financed by issuing new debt. The project will require $20.43 million in financing and

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You are planning a new project that is to be entirely financed by issuing new debt. The project will require $20.43 million in financing and you estimate its NPV to be 514 766 million. The issue costs for the debt will be 25% of face value Taking into account the costs of external financing what is the NPV of the project? The new NPV will be $ (Round to the nearest dollar)

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