Question: Check my work Consider a project lasting one year only. The initial outlay is $1,000 and the expected inflow is $1,220. The opportunity cost of

 Check my work Consider a project lasting one year only. The

Check my work Consider a project lasting one year only. The initial outlay is $1,000 and the expected inflow is $1,220. The opportunity cost of capital is r= 0.22. The borrowing rate is rp = 0.09, and the tax shield per dollar of interest is Tc = 0.21. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) 10 points a. What is the project's base-case NPV? eBook Base-case NPV Print References b. What is its APV if the firm borrows 27% of the project's required investment? Adjusted present value

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