Question $8(6$ Points$)$

NPV and EVA. A project costs $$2\mathrm{.}4$ million up front and will generate cash flows in perpetuity of $$210,000.$ The firm's cost of capital is $8\%.$

a$.$ What is the project's NPV$?$

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b$.$ What is the annual project EVA in a typical year? s

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c$.$ What is the overall project EVA?

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