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The owners of a chain of fast-food restaurants spend $24 million installing donut makers in all their restaurants. This is expected to increase cash flows
The owners of a chain of fast-food restaurants spend $24 million installing donut makers in all their restaurants. This is expected to increase cash flows by $12 million per year for the next five years. If the discount rate is 5.9%, were the owners correct in making the decision to install donut makers? O A. No, as it has a net present value (NPV) of - $5 million. OB. Yes, as it has a net present value (NPV) of $27 million. OC. No, as it has a net present value (NPV) of - $3 million. OD. Yes, as it has a net present value (NPV) of $16 million. Click to select your
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