Q7. Greeneco is a company specialised in energy saving. The company wants to sell one of its plants. This plant generate

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answerhappygod
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Q7. Greeneco is a company specialised in energy saving. The company wants to sell one of its plants. This plant generate

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Q7. Greeneco is a company specialised in energy saving. The
company wants to sell one of its plants. This plant generates
annual net cash flows of 4.5 million euros. These flows grow at a
rate of 1.5% per year. The duration is infinite. Assuming a cost of
capital of 5.5%, what is the present value of this project?
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