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As a separate project (Project P), you are considering sponsoring a pavilion at the upcoming World's Fair. The pavilion would cost $800,000, and it is

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As a separate project (Project P), you are considering sponsoring a pavilion at the upcoming World's Fair. The pavilion would cost $800,000, and it is expected to result in S5 million of incremental cash inflows during its 1 year of operation. However, it would then take another year, and S5 million of costs, to demolish the site and return it to its original condition. Thus, Project P's expected net cash flows look like this (in millions of dollars): Year Net Cash Flows (S0.8) 5.0 (5.0) The project is estimated to be of average risk, so its cost of capital is 10% j.1. What are normal and non-normal cash flows

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