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Netflix.shop is trying to sell t - shirts and other items through Alibaba. Therefore, you are contemplating a partnership with Alibaba the e - commerce

Netflix.shop is trying to sell t-shirts and other items through Alibaba. Therefore, you are contemplating a partnership with Alibabathe e-commerce companyto get a stronger foothold in China. The project entails the following projections: \table[[Year,2022,2023,2024,2025,2026,2027,2028],[\table[[Free],[Cash],[Flow]],-100,-4,6,6.5,7,10,11.5]](**) This table is in Millions of dollars Furthermore, starting 2028, free cash flow is expected to grow at 3% per annum. To determine the WACC, you are given the following information: Netflixs overall WACC is 10%(do not assume this is the right answer to question (16)) Netflixs WACC for merchandising in North America is 9%. Netflix estimates that any venture streaming or merchandising in Southeast Asia commands an incremental WACC of 4% over the same venture in North America. China is deemed to have the same risk profile as Southeast Asia. What are the projects NPV and IRR? (Show Calculation in an Excel please)

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