b. The firm finances the project with $20000 debt at 11% with $100 after-tax flotation costs. Principal is repaid at $30
Posted: Sat Feb 26, 2022 9:05 am
b. The firm finances the project with $20000 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?