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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 use your fill in the blank answers below to answer question 21
If you were to draw an NPV profile of the purchase, what would the graph look like? (You can graph the points on your scratch paper to help)
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