Question: Hello, I need help seeing the steps to validate my answer. A firm is evaluating a project with an initial investment at time 0 of
Hello, I need help seeing the steps to validate my answer.

A firm is evaluating a project with an initial investment at time 0 of $640,000. The present value of the levered cash flows is $729,400 and the net present value of the project is $157,000. Using the flow-to-equity method of valuation determine the amount borrowed. O $89.400 $246,400 $67.600 $54,300 O $64,000 References
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