Question

Riverrocks realizes that it will have to raise the financing for the acquisition of raft adventures by issuing new debt and equity. the acquisition project has a net present value of $ 36.21 million. the firm estimates that the direct issuing costs will come to $ 7.13 million. how should it account for these costs in evaluating the​ project? should riverrocks proceed with the​ project?

Answer 1

Its a pretty hard question but still u can someone else