Question
You are planning to issue debt to finance a new project. The project will require $20.97 million in financing and you estimate its NPV to
You are planning to issue debt to finance a new project. The project will require $20.97 million in financing and you estimate its NPV to be $14.962 million. The issue costs for the debt will be 2.6% 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 nearest dollar)
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Computational Finance And Its Applications
Authors: C. A. Brebbia, M. Costantino
1st Edition
1853127094, 978-1853127090
