Question: 10 Alpha Industries is considering a project with an initial cost of $8.4 million. The project will produce cash infows of $156 million per year
10 Alpha Industries is considering a project with an initial cost of $8.4 million. The project will produce cash infows of $156 million per year for years. The project has the same risk as the firm. The firm has a pretax cost of debt of 5:49 percent and a cost of equity of 100 percent. The debt-equity ratio is 56 and the tax rate is 40 percent. What is the net present value of the project? Multiple Choice o O saaaa o O saosa o Osass o Oss Osasos
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