Suppose the expected total return on a certain project is


Suppose the expected total return on a certain project is 11% and you have three financing choices:

1. 6% interest rate and a 50% LTV ratio;

2. 8% interest rate and a 75% LTV ratio;

3. 9% interest rate and a 85% LTV

Which financing choice would you like to make before-tax? Why

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Business Management: Suppose the expected total return on a certain project is
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