Question:Calculate these values:

1. New project valuation using the Japanese capital budgeting technique (average accounting return method).
2. Terminal value for DisneySea Park to be used for the American method.
3. NPV for the Tokyo DisneySea Park using data from Exhibit 7.
4. Capital budgeting using the average cash flow return (ACFR) method.

note: WACC is 5.65%, tax rate is 43%

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