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10) The flotation costs of issuing bonds for a new 4-year project are $50K. These costs...

10) The flotation costs of issuing bonds for a new 4-year project are $50K. These costs will be amortized over the life of the project. The corporate tax rate is 20%. The interest rate on the bonds is 10%. Find the NPV of flotation costs. A: "-43,927" B: "-42,075" C: "-50,000" D: 0 E: "-37,529

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