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Power plant costs 2.2 billion to build and then produce cash flows of 300 million a year for 15 years. After that it must be
Power plant costs 2.2 billion to build and then produce cash flows of 300 million a year for 15 years. After that it must be decommissioned at a cost of 900 million. What is NPV of project if discount rate is 5%? What if it is 18%? Please show work.
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