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please please give me right answer Blossom Compary is considering buying a new farm that it plans to operate for 10 years. The farm will

please please give me right answer
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Blossom Compary is considering buying a new farm that it plans to operate for 10 years. The farm will require an initial investment of $11.95 million. This irvestment will consist of $2.60 million for land and $9.35 million for trucks and other equipment. The land, all trucks, and all other equipment are expected to be sold at the end of 10 years fora price of $5.20 million. which is $2.25mil ion above bookvalue. The farm is expected to produce revenue of $2.05 million each year, and annual cash flow from operations equals $1.95 million. The marginal tax rate is 25 percent, and the appropriate discount rate is 9 percent. Calculate the NPV of this investment. (Do not round factor values Round final answer to 2 dedimal ploces, es. 5.275.25. NPV The project should be View Policies Show Attempt History Current Attempt in Progress Blossom Company is considering buying a new farm that it plans to operate for 10 years. The farm will require an initial investment of $11.95 million. This investment will consist of $2.60 million for land and $9.35 million for trucks and other equipment. The land. all trucks, and all other equigment are expected to be sold at the end of 10 years for a price of $5.20 million, which is $2.25 million above book value. The farm is expected to produce revenue of $2.05 million each year, and annual cash flow from operations equals $1.95 million. The marginal tax rate is 25 percent, and the appropriate discount rate is 9 percent. Calculate the NPV of this investment. (Do not round factor values. Round finol answer to 2 decimal ploces. es. 5.275 .25 .) NPV \$ The project should be

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