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Save Score: 0 of 1 pt 18 of 25 (5 complete HW Score: 19.23%, 5 of 26 pts P 13-18 (similar to) Question Help 0

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Save Score: 0 of 1 pt 18 of 25 (5 complete HW Score: 19.23%, 5 of 26 pts P 13-18 (similar to) Question Help 0 A retail coffee company is planning to open 90 new coffee outlets that are expected to generate $13.4 million in free cash flows per year with a growth rate of 2.0% in perpety if the coffee company's WACC is 9.8%, what is the NPV of this expansion? The present value of the tree cash flows $million (Round to two decimal places.)

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