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Lunatics, an e - commerce sports company, wants to buy Rowdy Trading Cards at a cost of $ 5 0 4 million. Rowdy will operate

Lunatics, an e-commerce sports company, wants to buy Rowdy Trading Cards at a cost of $504 million. Rowdy will operate for 20 years. They expect annual cash flows from operations to be $70.1 million and its cost of capital is 12.1%. Compute the NPV at 12.1%,2%,17% and the IRR. (You can draw these points on a graph to answer question 21)
FILL IN THE BLANK:
The NPV for a discount rate of 12.1% is $
k.xx Millions) Millions (
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