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Problem 5 Intro Better Biscuits is planning to make and sell a new cookie and expects the following cash flows at the end of each

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Problem 5 Intro Better Biscuits is planning to make and sell a new cookie and expects the following cash flows at the end of each year: 1+ decimals Year CF (in $ million) 0 -80 1 20 30 40 Part 1 If the company's weighted average cost of capital is 15%, what is the NPV (in $ million)? Submit 2 3 Attempt 1/5 for 10 pts

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