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urgent help! An auto plant that costs $30 milion to build can produce a new ine of cars that will produce net cash flow of
urgent help!
An auto plant that costs $30 milion to build can produce a new ine of cars that will produce net cash flow of $40 million per year if the line is successful, but only $ ? miltion per year if it is unsticcessfdi You believe that the probability of succens is about 10 percent The auto plant is expected to have a life of if. Years and the opportunity cost of capital is 14 percent. What is the expected net present vatue of building the plant? Phase state your anwer in mullions and in 2 decimal places Step by Step Solution
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