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You are planring to issue debt to finance a new peoject. The pecject will require $19.54 million in financing and you estimale its NPV to
You are planring to issue debt to finance a new peoject. The pecject will require $19.54 million in financing and you estimale its NPV to be $15.353 milich. The issue costs for the debt will be 2.6% of face value. Taking into eccount the costs of extemal financing. what is the NPY of the project? The new NPV wil be? (Found to the nearest dollar)
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