Mac's Donuts has the following cash flows:
Time: 0 1 2 3
Cashflow: -10 -5 3 4
After year 3 the cash flow will grow at a constant rate of 1%.
The appropriate cost of capital for this cash flow is 6%. What is
the NPV of invest?
My answer NPV is 59.15, but it wasn't right. Please help
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