Question: Hey I need help with this problem, if you can provide detail on how you got the answer thats be great! A retail coffee company
A retail coffee company is planning to open 105 new coffee outlets that are expected to generate $13.3 million in free cash flows per year, with a growth rate of 2.8% in perpetuity. If the coffee company's WACC is 9.8%, what is the NPV of this expansion? The present value of the free cash flows is $ million. (Round to two decimal places)
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