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kid's anly roler coaster. Suppose that Sx Flags decides to buid a new roller coaster for the upcoming operating seeson. The depreciable ecupment for the

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kid's anly roler coaster. Suppose that Sx Flags decides to buid a new roller coaster for the upcoming operating seeson. The depreciable ecupment for the roler coaster wili cest $50.00 milien and an aditional 55.00 milion to inetal. The equprient wit be deprecialed atrightitive over 20 years. The markoting taam at Six Flags copacts the coaster to increase atterdance at the park by 5%. This tranalates to 129,707 . O0 msra visitors at an average ticket price of \$3e.o0. Expensas for thesen visioers are about 18.00W af sales. There is no irpact on working capital. The teverage vistor spends 523.00 on park merchandite and concessions. The after-tax coerating margin on these side affects is 32.00%. The tex rafe facing the firm a 34.00%, afile the cost of cepital is 7.00%. What is the NPV of this coaster project if Six Fiegs will evaluate th over a 20-year poriod? (Six Flags axpects the first year project cash tow to grow at 5% per year, geing torward) (Express answer in mitlons) Answer Format: Currency: Round to: 2 decimal places

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