a firm is evaluating a project with an initial investment at time 0 of $90,000. If the
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Question:
a firm is evaluating a project with an initial investment at time 0 of $90,000. If the levered cash flow of the firm is $15,000 a year and the cost of equity is 15%. The net present value of the project is $20,000. what is the PV of equity of the firm?
A. 150,000
B. 100,000
C. 60,000
D. 20,000
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