Answers Homework Chpt 12-16

Answers Homework Chpt 12-16 - 20% A/P floatation costs 0%...

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Chapter 12 Question 16 Input Area: Projected cost $45,000,000 Aftertax cash flows $5,700,000 Debt-to-equity ratio 1.30 Required return 17% Coupon rate 9% Target ratio A/P to LTD
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Unformatted text preview: 20% A/P floatation costs 0% Tax rate 35% Output Area: WACC 11.32% PV of future inflows $50,372,552.42 NPV $5,372,552.42...
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This note was uploaded on 02/14/2011 for the course FINANCE 610 taught by Professor Siad during the Fall '09 term at UMBC.

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