Alpha Industries is considering a project with an initial cost of $9.3 million. The project will produce cash inflows of $1.64 million per year for 9 years. The project has the same risk as the firm. The firm has a pretax cost of debt of 6.00 percent and a cost of equity of 11:53 percent. The debt-equity ratio is 73 and the tax rate is 21 percent What is the net present value of the project? Multiple Choice $667,599 $454134 $770,757 $890.653 3734054 Saint Nick Enterprises has 16,700 shares of common stock outstanding at a price of $65 per share. The company has two bond issues outstanding. The first issue has 9 years to maturity, a par value of $1,000 per bond, and sells for 97 percent of pat The second issue matures in 23 years, has a par value of $2,000 per bond, and sells for 104.5 percent of pat. The total face value of the first issue is $210,000, while the total face value of the second issue is $310,000. What is the capital structure weight of debt? Multiple Choice 2993 3271 3724