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A retail coffee company is planning to open 9 0 new coffee outlets that are expected to generate, in total, $ 1 6 . 9

A retail coffee company is planning to open 90 new coffee outlets that are expected to generate, in total, $16.9 million in free cash flows per year, with a growth rate of 3.8% in perpetuity. If the coffee company's WACC is 9%, and the cost of the expansion is $195million, what is the NPV of this expansion?
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Part 1
The net present value of the expansion is $enter your response here million.
(Round to three decimal places.)

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