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Compute the free cash flow in year 5 in NZD. If this is an outflow please enter a negative number. Please use the information from

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Compute the free cash flow in year 5 in NZD. If this is an outflow please enter a negative number. Please use the information from Question 1. This is a hypothetical project in New Zealand. You are given the following data: Project life: 5 years Revenues: constant at NZD 100M Costs: 20% of revenues plus FIXED COST: NZD 500,000 NWC: 20% of the revenues in the following year Upfront investment at time 0: NZD 35M, depreciated straight-line to zero, salvage NZD 5M taxes 20% WACC in USD 10%

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