Question: Problem 5 Intro Better Biscuits is planning to make and sell a new cookie and expects the following cash flows at the end of each

Problem 5 Intro Better Biscuits is planning to make and sell a new cookie and expects the following cash flows at the end of each year: Year CF (in $ million) 0 -70 1 20 2 30 3 40 Part 1 18 Attempt 1/5 for 10 pts. If the company's weighted average cost of capital is 16%, what is the NPV (in $ million)? K+ decimals Submit
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