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If you invest $50M today to develop a new garden fertilizer, you will generate expected net cash flows of $5M per year starting 1 year

If you invest $50M today to develop a new garden fertilizer, you will generate expected net cash flows of $5M per year starting 1 year from now and continuing each year forever.

Project beta=1.8.

Risk-free rate=4.5%, expected return on market = 8%

What is NPV and how do I calculate it using excel?

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