Calculate the npv of the loan financing

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CDE borrows $10,338 at a subsidized rate of 3.6% to invest in a project. The project lasts for 13 years and CDE repays the loan at the end of the project. If CDE's cost of debt is 7.7% and the tax rate is 37%, calculate the NPV of the this loan financing.

Reference no: EM133073280

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