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A retail coffee company is planning to open 105 new coffee outlets that are expected to generate $13.6 million in free cash flows per
A retail coffee company is planning to open 105 new coffee outlets that are expected to generate $13.6 million in free cash flows per year, with a growth rate of 3.4% in perpetuity. If the coffee company's WACC is 10.2%, what is the NPV of this expansion? The present value of the free cash flows is $ decimal places.) million. (Round to two
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
