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A retail coffee company is planning to open 110 new coffee outlets that are expected to generate $13.3 million in free cash flows per year,
A retail coffee company is planning to open 110 new coffee outlets that are expected to generate $13.3 million in free cash flows per year, with a growth rate of 2.8% in perpetuity. If the coffee company's WACC is 10.5%, what is the NPV of this expansion?
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