Question
A retail coffee company is planning to open 95 new coffee outlets that are expected to generate $16.2 million in free cash flows per year,
A retail coffee company is planning to open 95 new coffee outlets that are expected to generate $16.2 million in free cash flows per year, with a growth rate of 3.4% in perpetuity. If the coffee company's WACC is 9.9%, what is the NPV of this expansion?
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
978-0133428537
