Question: You are presented a proposal for a project. The project costs $10 million and will produce after-tax cash flows of $2 million at the end

You are presented a proposal for a project. The project costs $10 million and will produce after-tax cash flows of $2 million at the end of year 1, $4 million at the end of year 2, and $8 million at the end of year 3. What is the NPV of this project if your WACC is 13%?

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