The owners of a chain of fast-food restaurants spend $24 million installing donut makers in all their restaurants. This
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The owners of a chain of fast-food restaurants spend $24 million installing donut makers in all their restaurants. This
The owners of a chain of fast-food restaurants spend $24million installing donut makers in all their restaurants. This isexpected to increase cash flows by $11 million per year for thenext five years. If the discount rate is 6.6%, were the ownerscorrect in making the decision to install donut makers?