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You are considering opening a new plant. The plant will cost $ 1 0 4 . 8 9 million up front and will take one

You are considering opening a new plant. The plant will cost $104.89 million up front and will take one year to build.
After that, it is expected to produce profits of $30.18 million at the end of every year of production. The cash flows are
expected to last forever. Calculate the NPV of this investment opportunity if your cost of capital is 8.36%. Should you
make the investment? Calculate the IRR and use it to determine the maximum deviation allowable in the cost of capital
estimate to leave the decision unchanged.
The NPV of the project will be $| million. (Round to two decimal places.)
PLEASE ANSWER ALL PARTS!!
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