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Yours Forever Corp. is considering geographic expansion into a new state. The initial investment associated with opening new stores etc. is $275,000. YFC expects to
Yours Forever Corp. is considering geographic expansion into a new state. The initial investment associated with opening new stores etc. is $275,000. YFC expects to generate $55,000 in cash flows annually starting next year. They also expect to lose $45,000 in cash flows from existing stores for the first nine years. Their cost of capital is 8%. Calculate the NPV of this project.
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