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Waterfront Manufacturing Company is purchasing a production facility at a cost of USD 2 1 , 0 0 0 , 0 0 0 . The
Waterfront Manufacturing Company is purchasing a production facility at a cost of USD The firm expects the project to generate annual free cash flows of USD over the next five years. They also expect to sell the facility at the end of five years for an aftertax salvage value of USD USD. Waterfront's cost of capital is percent. What is the net present value NPV of this project?
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