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O Macmillan Learnin $ Management at TJX Companies is deciding whether to build a new goods distribution center. The distribution center will cost $60
O Macmillan Learnin $ Management at TJX Companies is deciding whether to build a new goods distribution center. The distribution center will cost $60 million to build; the estimated additional first year revenue will be $5 million. The distribution center will last 50 years, with a depreciation rate of 5% per year. The opportunity cost of this investment is predicted to be 7% interest earned. a. What is the present value of the stream of payments resulting from this potential new goods distribution center? Round to the nearest million. b. TJX million build the distribution center because the
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