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Blackstone is buying a department store that needs to be renovated and improved, with the following projected cash flows: Y 0 : - $ 3

Blackstone is buying a department store that needs to be renovated and improved, with the following projected cash flows: Y0: -$325,000,000 Y1: $20,000,000 Y2: $29,000,000 Y3: $30,000,000 At the end of year 3, Blackstone will sell it for a projected $450,000,000. What is the NPV of this deal assuming a 10% discount rate?

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