Strayer Inc June 2002–issue costs and NPV

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November 8, 2011 at 8:00 pm #50392
Anonymous
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Hi:

Are issue costs taking in consideration when calculating NPV? In the question mentioned, we are supposed to calculate both NPV and APV. Im not sure whether NPV calculation incorporates issue costs, or it is assumed to be a part of kd.

Thanks in advance!
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