The following question is a two-part homework question from Corporate Finance 11th Edition. The mini-case...

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The following question is a two-part homework question from Corporate Finance 11th Edition. The mini-case study on McKenzie Corporation Capital Budgeting. PLEASE SHOW ALL CALCULATIONS. Thank you.

5. If the company opts not to expand, what are the implications for the companys future borrowing needs? What are the implications if the company does expand?

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