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i need an answer and explanation to my finance problem. Over the past sx months, Six Flaps conducted a marketing study on improving their park

i need an answer and explanation to my finance problem.
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Over the past sx months, Six Flaps conducted a marketing study on improving their park experience. The study cost $3.00 millon and the results sugposted that Sox Flags add a Wid's only roller coaster. Suppose that Six Flags decides to build a new roller cosster for the upcoming cperating season. The depreciable equigment for the roller coaster will cost \$50.00 milion and an additional $5.00 milion to install, The equipment will be depreciated stright-fine over 20 yearn. The markoting team at Six Flags expects the coaster to increase attendance at the park by 5%. This trantiates to 101,535,00 more vistors at an amerage ticket price of 540.00 . Experses foc these visitors are about 18.00% of sales. There is no impact on wocking copital. The average vistor spends $25.00 on park merchandise and concessions. The aftemtax operating morgin on these side effects is 29.00%. The tox rate facing the firm is 34.00%, while the cost of capial is 7.00%. What is the NPV of this coaster project if 5x Fags wat evaluste it over a 20 -year period? (Sx Flogs expects the fint year projoct cash flow to grow at 5% per year, going forward) (Express antwer in milions) Answer Format: Currency: Pound to: 2 decimal places

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