Sand Burry Regional airport is conveniently located in the heart of central Massachusetts. The airport offers a

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Sand Burry Regional airport is conveniently located in the heart of central Massachusetts. The airport offers a $5 million passenger terminal. What is the theoretical value of the airport with the net annual cash flow of a $500,000 and a $100,000 annual expense in perpetuity, if the opportunity cost of capital is 10 percent?

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Foundations Of Airline Finance

ISBN: 9780415743259

2nd Edition

Authors: Bijan Vasigh, Kenneth Fleming, And Barry Humphreys

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