Close Window Moving to another question will save this response. Question 14 of 15 Question 14 16 points Save Answe XYZ Corp. has a book value debt to book value equity ratio of 2.1. It has a stock price of $24 per share with 0.5 million shares outstanding. The company also has 10.000 bonds outstanding. The credit rating for its bonds is low. The yield to maturity for its bonds is 6 and coupon rate is 8% per annum. The current price for each bond is $1,500 XYZ's excess cash is $9 million. The company has an equity beta of 2 and a debt beta of 0.5. Assume that the risk-free interest rate is 2% and expected market return is 6%.XYZ Inc. faces a tax rate of 30%. Suppose its management is considering a project that has the same risk and same financing mix as the firm itself. Given the following expected free cash flows of the project, the project's NFV is $_million. Instruction: Type ONLY your numerical answer in the unit of million dollars, NO S sign. NO comma sign. Round to the nearest one decimal place. E.g., if your answer is $18.76 million then Input 18.8 Year FCF -250 million 130 million 180 million Close Window Moving to another question will save this response. Question 14 of 15 Question 14 16 points Save Answe XYZ Corp. has a book value debt to book value equity ratio of 2.1. It has a stock price of $24 per share with 0.5 million shares outstanding. The company also has 10.000 bonds outstanding. The credit rating for its bonds is low. The yield to maturity for its bonds is 6 and coupon rate is 8% per annum. The current price for each bond is $1,500 XYZ's excess cash is $9 million. The company has an equity beta of 2 and a debt beta of 0.5. Assume that the risk-free interest rate is 2% and expected market return is 6%.XYZ Inc. faces a tax rate of 30%. Suppose its management is considering a project that has the same risk and same financing mix as the firm itself. Given the following expected free cash flows of the project, the project's NFV is $_million. Instruction: Type ONLY your numerical answer in the unit of million dollars, NO S sign. NO comma sign. Round to the nearest one decimal place. E.g., if your answer is $18.76 million then Input 18.8 Year FCF -250 million 130 million 180 million