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Growth Option: Decision - Tree Analysis Fethe's Funny Hats is considering selling trademarked, orange - haired curly wigs for University of Tennessee football games. The
Growth Option: DecisionTree Analysis
Fethe's Funny Hats is considering selling trademarked, orangehaired curly wigs for University of Tennessee football games. The purchase cost for a year franchise to sell the wigs is $ If demand is good probability then the net cash flows will be $ per year for years. If demand is bad probability then the net cash flows will be $ per year for years. Fethe's cost of capital is Do not round intermediate calculations.
a What is the expected NPV of the project? Negative value, if any, should be indicated by a minus sign. Round your answer to the nearest dollar.
$
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