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11. An auto plant that costs $180 million to build can produce a line of flexfuel cats that will produce cash ows with a present

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11. An auto plant that costs $180 million to build can produce a line of flexfuel cats that will produce cash ows with a present value of $220 million if the line is successful but only $110 million if it is unsuccessful. You believe that the probability of success is only about 40%. You will leam whether the line is successful immediately after building the plant. a-l. Calculate the expected NPV. (Do not round intermediate calculations. A negative amount should be indicated by a minus sign. Enter your answer in millions rounded to 1 decimal place.) $ million Expected NPV

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