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core: 75 of 100 pts 3 of 10 (3 complete) Score: 27.5%, 275 of 1000 P7-11 (similar to Question Help ou are considering opening a

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core: 75 of 100 pts 3 of 10 (3 complete) Score: 27.5%, 275 of 1000 P7-11 (similar to Question Help ou are considering opening a new plant. The plant will cost $104.3 million upfront and will take one year to build. After that, it is expected to produce profits of $29.3 ilion at the end of every year of production. The cash flows are expected to last forever. Calculate the NPV of this investment opportunityif your cost of capital is 7.1%. Should you make the investment? Calculate the RR. Does the IRR rule agree with the NPV rule? Here is the cash flow timeline for this problem Years Cash Flow ($ million) -104.3 29.3 29.3 29.3 29.3 Calculate the NPV of this investment opportunity if your cost of capital is 7.1% The NPV of this investment opportunity is $million. (Round to one decimal place.)

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