Due in class on Tuesday, November $14$

Write down calculator inputs and$/$or work. Each question is $4$ points $(20$ points total $+20$ points for online Canvas quiz$)$

A retail company is considering an exclusive licensing deal to help expand its product lines. The initial licensing fee $($due now upon signing$)$ is $$2,000,000.$ The license deal is for five years. The company's current WACC is $9\%.$ The expected net cash inflows are as follows:

Net Cash Flows:

$\backslash$table$[[,2024,2025,2026,2027,2028],[\backslash$table$[[$Net Cash$],[$Inflows$]],$$$500,000,$$$550,000,$$$575,000,$$$650,000,$$$650,000$