13. A retail coffee company is planning to open 90 new coffee outlets that are...
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13. A retail coffee company is planning to open 90 new coffee outlets that are expected to generate $13.9 million in free cash flows per year, with a growth rate of 2.6% in perpetuity. If the coffee company's WACC is 10.5%, what is the NPV of this expansion? million. (Round to two decimal The present value of the free cash flows is $ places.)
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