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Your firm has an average-risk project under consideration. You choose to fund the project in the same manner as the firm's existing capital structure. If
Your firm has an average-risk project under consideration. You choose to fund the project in the same manner as the firm's existing capital structure. If the cost of debt is 8.50%, the cost of preferred stock is 9.00%, the cost of common stock is 11.50%, and the WACC adjusted for taxes is 10.4925%, what is the NPV of the project, given the expected cash flows listed here? $64,675 $914,675 $48,415 $98,415
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