Question: Dollar General Corp has a project costing $8.5 million. The firm expects the project to generate cash flows of $2 million, $3 million, $4 million,
Dollar General Corp has a project costing $8.5 million. The firm expects the project to generate cash flows of $2 million, $3 million, $4 million, and $5 million over the next four years. Its cost of capital is 16 percent. What is the net present value of this project?
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