The firm finances the project with $24000 debt at 11% with $100 after-tax flotation costs. Principal is repaid at $3000

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answerhappygod
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The firm finances the project with $24000 debt at 11% with $100 after-tax flotation costs. Principal is repaid at $3000

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The firm finances the project with $24000 debt at 11% with $100
after-tax flotation costs. Principal is repaid at $3000 per year
with added interest. Pearson’s tax rate is 60%. The net present
value of the project under leverage? Now, Should this project be
accepted?
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