Question: Alpha Industries is considering a project with an initial cost of $ 8 . 4 million. The project will produce cash inflows of $ 1
Alpha Industries is considering a project with an initial cost
of $ million. The project will produce cash inflows of $
million per year for years. The project has the same risk as the
firm. The firm has a pretax cost of debt of percent and a cost
of equity of percent. The debtequity ratio is and the
tax rate is percent. What is the net present value of the
project?A $B $C $D $E $
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