Floatation cost [Read-Only] - Word Sign in Layout References Mailings Review View Help Tell me what you want to do New Ro - 12 - A A Aa - AaBbCcI AaBbCcI AaBbC( AaBbCc AaB AaBbCCE AQBbCCD AaBbCCD U - 2 x, x' A . V . A. Rep 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em.w. Emphasis D Sele Font . Paragraph Styles Editin Adebaron Electronics is evaluating and expansion project that is expected to cost Rs 20 million and generate an annual after-tax cash flow of Rs 4 million for the next 10 years. The tax rate for the company is 35%. Adebaron Electronics has a target debt- equity ratio of 1:1. Its cost of equity is 16% whereas its pre-tax cost of debt is 14%. The floatation cost of equity is 12% whereas the floatation cost of debt is 2%. Required: Calculate the NPV of the expansion project? I= meet.google.com . now You're presenting to everyone Click here to return to the video call when you're ready to stop presenting Stop sharing Hide meet.google.com is sharing your screen. 10:44 23/10/2022 26 C Mostly sunny ish (United States) Co x ] WE