You own several convenience stores and you are looking to add another. the new store is expected

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You own several convenience stores and you are looking to add another. the new store is expected to generate a net cash flow of $

66, 000

for

25

years starting at the end of the first year. if you need to invest $

540, 000

in the project today at a cost of capital of

11.9 %,

what is the NPV of opening the new store?

Related Book For answer-question

Auditing and Assurance Services A Systematic Approach

ISBN: 978-1259162343

9th edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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Posted Date: May 05, 2024 03:28 AM

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You own several convenience stores and you are looking to add another. the new store is expected

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To calculate the net present value NPV of opening the new store we ... View the full answer

Auditing and Assurance Services A Systematic Approach

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