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Business, 12.12.2019 22:31 Joseph8439

The initial investment for a project is $400,000, of which 35% will be financed with debt. the project would generate $72,000 in cash flow for equity holders if the firm were unlevered. if the interest rate on the debt is 8% and the tax rate is 24%, what is the cash flow to the equity holders given that the firm is leveraged?

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