Question: I really need help. I tried the question multiple times and still cant get it right. LakeCratt is considering investing in a cruse stip with
LakeCratt is considering investing in a cruse stip with an expected life of 15 years that costs $75 million and will produce net cash flows of $10 mition per year. Lake-Crafts cost of captat is 6%. Enter you anewers rounded to 2 DECIMAL. PLACES What is the paybiack penod? What is the net present value (NPV) of the project? mulion (Enter vour answer in milhans of dollars) LakeCratt is considering investing in a cruse stip with an expected life of 15 years that costs $75 million and will produce net cash flows of $10 mition per year. Lake-Crafts cost of captat is 6%. Enter you anewers rounded to 2 DECIMAL. PLACES What is the paybiack penod? What is the net present value (NPV) of the project? mulion (Enter vour answer in milhans of dollars)
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