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Sharmila is project manager for WrenMart's roof-top solar initiative. The project's free cash flows are estimated as follows: WrenMart's estimated cost of capital is 8.30%

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Sharmila is project manager for WrenMart's roof-top solar initiative. The project's free cash flows are estimated as follows: WrenMart's estimated cost of capital is 8.30% per year, but Sharmila questions whether it is the correct hurdle rate for the solar project. WrenMart's brand will be thought of more favorably by customers if WrenMart proceeds with the environmentally friendly initiative, but this favorable impact on the brand is not reflected in project cash flows. Before making any calculations, do you expect that the NPV, computed using a 8.30% hurdle rate, will be positive or negative based on your answer to part A? (Type P for positive or N for negative.) Compute the NPV using an 8.30% hurdle rate. Instructions: - Include all symbols and punctuation: 7509$7,500 - Never spell out the unit: 7.4 months - Round long decimals to the nearest hundredth: 20.3341+20.33 - If the answer is a percentage, convert to percentage form before rounding: 0.03948+3.948%+3.95%

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