Epsilon Corp. is evaluating an expansion of its business. The cash-flow forecasts for the project are as follows: Cash F
Posted: Wed Jul 06, 2022 6:44 pm
- Epsilon Corp Is Evaluating An Expansion Of Its Business The Cash Flow Forecasts For The Project Are As Follows Cash F 1 (76.22 KiB) Viewed 14 times
Epsilon Corp. is evaluating an expansion of its business. The cash-flow forecasts for the project are as follows: Cash Flow Years ($ millions) -100 0 1-10 15 The firm's existing assets have a beta of 1.4. The risk-free interest rate is 4% and the expected return on the market portfolio is 12%. What is the project's NPV? (Enter your answer in millions. A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV million