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9.) What is the present value of the following planned cash flow for a 30 year power plant project? Assume that the annual cost
9.) What is the present value of the following planned cash flow for a 30 year power plant project? Assume that the annual cost of money is 3.9%. Draw the cash flow diagram and present your solution. Initial Investment (construction costs) - $75,000,000 Annual operating costs - $1,000,000 Annual maintenance costs - $95,000 Projected decommissioning expenses - $20,000,000 Projected income from scrap - $250,000
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