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Ryanair, one of the largest European airlines in terms of passenger numbers, has enjoyed rapid growth since its establishment in 1985. It has 199 Boeing
Ryanair, one of the largest European airlines in terms of passenger numbers, has enjoyed rapid growth since its establishment in 1985. It has 199 Boeing B-377, with 113 back orders. Assume that a new B-737 NG costs $60 million and generates after-tax cash inflows of $8 million for each of the next ten years.
a.Find the NPV if the airline uses a 10 percent opportunity cost of capital.
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