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Ferdinand is opening motorcycle dealership. According to his research, Gwen's Power Sports,a nearby motorcycle dealer, has a levered cost of equity of 19.4%, with debt

Ferdinand is opening motorcycle dealership. According to his research, Gwen's Power Sports,a nearby motorcycle dealer, has a levered cost of equity of 19.4%, with debt to equity ratio of 0.5. Both Gwen and Ferdinand can borrow at 3.7%, and the tax rate is 32%. Ferdinand's dealership will have a debt to equity ration of 1.4 and will cost $4,043,621 to set up. Each year there is a 70% chance of the dealership generating unlevered cash flows of $645,097, and a 30% chance of generating unlevered cash flows of $39,155. What is the NPV of Ferdinand's' dealership, using the WACC method, if his dealership will remain open for the foreseeable future? Please give your answer to the nearest dollar.

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