Question: Question 7 (0.2 points) A firm is considering a potential investment project that would result in an immediate loss in free cash flow of $114
Question 7 (0.2 points) A firm is considering a potential investment project that would result in an immediate loss in free cash flow of $114 Million, but would generate positive free cash flow of $7 Million next year. The firm expects the free cash flow produced by the project to grow annually at 3% forever. The firm's weighted average cost of capital (WACC) is 9%. What is the NPV of the project? (Enter your answer in millions of dollars rounded to two decimal places. For example, if your answer is -1.23 Million, then enter just -1.23 in the answer box.] Call ransfe Your Answer Fepartm NR NR NR
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