Question: Question 1. Numeric Answer 1 point available Suppose you are assessing a project for Facebook, Inc. You estimate that the project will cost $94 million

 Question 1. Numeric Answer 1 point available Suppose you are assessing

Question 1. Numeric Answer 1 point available Suppose you are assessing a project for Facebook, Inc. You estimate that the project will cost $94 million in upfront investment costs (i.e., negative cash flows that occur immediately) but will generate $29 million in cash flows next year, $94 million in cash flows the year after that and $122 million three years from now. After that, the project will cease to generate cash flows. If your discount rate is 9 percent, what is the value of this particular project? Your answer should be rounded to two decimal places. Question 1. Numeric Answer 1 point available Suppose you are assessing a project for Facebook, Inc. You estimate that the project will cost $94 million in upfront investment costs (i.e., negative cash flows that occur immediately) but will generate $29 million in cash flows next year, $94 million in cash flows the year after that and $122 million three years from now. After that, the project will cease to generate cash flows. If your discount rate is 9 percent, what is the value of this particular project? Your answer should be rounded to two decimal places

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