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How to do it using EXCEL The owners of a chain of fast-food restaurants spend $29 million installing donut makers in all their restaurants. This
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The owners of a chain of fast-food restaurants spend $29 million installing donut makers in all their restaurants. This is expected to increase cash flows by $9 million per year for the next five years. If the discount rate is 5.7%, were the owners correct in making the decision to install donut makers? O A. Yes, as it has a net present value (NPV) of $9 million. B. No, as it has a net present value (NPV) of - $2 million. C. Yes, as it has a net present value (NPV) of $6 million. D. No, as it has a net present value (NPV) of - $1 millionStep by Step Solution
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