question archive You are planning to issue debt to finance a new project
Subject:BusinessPrice: Bought3
You are planning to issue debt to finance a new project. The project will require
$20.01
million in? financing, and you estimate its NPV to be
$14.482
million. The issue costs for the debt will be
3.2%
of face value. Taking into account the costs of external? financing, what is the NPV of the? project?