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The owners of a chain of fast-food restaurants spend $25,000,000 installing donut makers in all their restaurants. This is expected to increase cash flows by
The owners of a chain of fast-food restaurants spend $25,000,000 installing donut makers in all their restaurants. This is expected to increase cash flows by $11000000 per year for the next 5 years. The discount rate is 5.3%. What is the net present value of installing the donut makers?
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