Question 48 (4 points) Suppose that Disney decides to open a new restaurant in the Magic Kingdom theme park. The restaurant will be called the Death Star and feature Darth Vader and other characters from the film. The company has collected information regarding the restaurant shown below: Expected Yearly Revenues $5,000,000 COGS as % of Revenue 40% of sales Other Expenses as % of Revenue 27% of sales Yearly Depreciation $500,000 The new restaurant will cost $12 million to construct and get ready for operation. This will be your cash flow for year 0. Disney is viewing this project as a perpetuity as the restaurant will operate into the foreseeable future. The cost of capital for Disney is 8%, while the marginal tax rate is 34%. What is the NPV of this restaurant project