Question
A new grocery store cost $30 million in initial investment. It is estimated that the store will generate after-tax cash flows of $2 million each
A new grocery store cost $30 million in initial investment. It is estimated that the store will generate after-tax cash flows of $2 million each year for the next 5 years. At the end of the 5 years, it can be sold for $40 million. What is the NPV of the project if the risk-adjusted WACC is 10%?
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Financial Modeling Using Excel And VBA
Authors: Chandan Sengupta
1st Edition
0471267686, 978-0471267683
