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A cookie company wants to expand its retail operations. Based on a preliminary study, 1 0 cookie stores are feasible in various parts of the
A cookie company wants to expand its retail operations. Based on a preliminary study, cookie stores are feasible in various parts of the country. Cash flows at each store are expected to be $ in the first year and grow at per year for the next years yrs Each store will cost $ to set up operations. If the minimum return is what is the NPV of each store?
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