A firm is considering a potential investment project that would result in an immediate loss...
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Finance
A firm is considering a potential investment project that would result in an immediate loss in free cash flow of $98 Million, but would generate positive free cash flow of $8 Million next year. The firm expects the free cash flow produced by the project to grow annually at 2% forever. The firm's weighted average cost of capital (WACC) is 6%. 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.) Your
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