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because the project will increase earnings by $ 4 . 5 6 4 million per year for 1 0 years, the project is worth $

because the project will increase earnings by $4.564 million per year for 10 years, the project is worth $45.64 million. You think back to your halcyon days in finance class and realize there is more work to be
a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project?
b. If the cost of capital for this project is 13% what is your estimate of the value of the new project?
a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project?
The free cash flow for year 0 is $ million. (Round to three decimal places and enter a decrease as a negative number.)
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