Growi Indonesis considered a new prown the following cash flows her year 3 assumes free ashows will perpadly grow by 5% per year if the interest rate is 10%, CPV pening how store ar 2 voar Year 5.000.000 1225,000 75,000 1.225.000 75,000 1225.000 75,000 Deprecaon Cape expire 70,000,000 Change of working capital 95000 35.000 175,000 ICH 304 m 546 me 570 mil RIYA PARIKH 32 Question Completion Status 4 A Moving to another question will save this response Question 3 of 10 >>> Question 3 1 points Save Answer Cromwell Industries is considering a new project with the following cash flows. After year 3, it assumes free cash flows will perpetually grow by 5% per year. If the interest rate is 10%, calculate the NPV of opening new stores: Year 0 Year 1 Year 2 Year 3 Net income 5,000,000 1,225,000 1.225,000 11,225,000 Depreciation 10 575,000 575,000 575,000 Capital expenditures 220,000,000 Change in net working capital 1,500,000 195,000 95.000 95,000 FCF O $5.6 mil $6.4 mil $4.6 mil $7.6 mil Moving to another question will save this response Question 3 of 10