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Chrustuba Inc. is evaluating a new project with an after - tax cost of $ 8 . 8 million at t = 0 . There
Chrustuba Inc. is evaluating a new project with an aftertax cost of $ million at t There is a chance that the project would be highly successful and generate annual aftertax cash flows of $ million during Years and However, there is a chance that it would be less successful and would generate annual aftertax flows of only $ million for each of the years. If the project is highly successful, it would open the door for another aftertax investment of $ million at the end of Year and this new investment could be sold for $ million after taxes at the end of Year Assuming a WACC of what is the project's expected NPV in thousands after taking into account this growth option? Do not round intermediate calculations.
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