through equity.The cost of equity is 22.01%, the cost of debt is 2.50% and the tax rate is 22.50% and the WACC is 20.83%
Based on the result of investment appraisal, the project has positive net present value, and is worth investment for Microsoft Corporation.
Reference
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Damodaran, A. (1996). Corporate Finance: Theory and Practice. Wiley.
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