Question: Problem 8 You have until 6:03 PM to complete this assignment. Intro Better Biscuits is planning to make and sell a new cookie and expects

Problem 8 You have until 6:03 PM to complete this assignment.

Problem 8 You have until 6:03 PM to complete this assignment. 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 20 30 1 N 3 40 Part 1 | Attempt 1/1 for 10 pts. If the company's weighted average cost of capital is 11%, what is the NPV (in $ million)? 2+ decimals Save

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