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Business, 16.03.2022 15:20 sydc1215

Joshua Industries is considering a new project with revenue of $478,000 for the indefinite future. Cash costs are 68 percent of the revenue. The initial cost of the investment is $685,000. The tax rate is 21 percent and the unievered cost of equity is 142 percent. The firm is financing $200,000 of the project cost with debt. What is the adjusted present value of the project? O$195,311 $207.975 $225941 $232 ADE â¸$202429

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