If the issuance costs for external finances are 10 what is


Ford Motors expects a new hybrid-engine project to produce incremental cash flows of $60 each year and expects these to grow at a rate of 0.05 each year. The upfront project costs are $770 and Ford's weighted average cost of capital is 0.1. If the issuance costs for external finances are $10, what is the net present value (NPV) of the project?

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Financial Management: If the issuance costs for external finances are 10 what is
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