Assume you have completed a capital budgeting analysis of building a new plant on land you...

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Assume you have completed a capital budgeting analysis ofbuilding a new plant on land you own, and the project's NPV is $100million. You now realize that instead of building the plant, youcould build a parking garage, and would generate a pre tax revenueof $15 million. The project would last 3 years, the corporate taxrate is 40%, and the WACC is 7%. What is the new NPV of theproject, after incorporating the effect of the opportunitycost?

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Projects current NPV 100 million Instead of building plant if one builds garage then pre tax revenue generated by garage 15 million Opportunity cost represents revenue forgone as a    See Answer
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Assume you have completed a capital budgeting analysis ofbuilding a new plant on land you own, and the project's NPV is $100million. You now realize that instead of building the plant, youcould build a parking garage, and would generate a pre tax revenueof $15 million. The project would last 3 years, the corporate taxrate is 40%, and the WACC is 7%. What is the new NPV of theproject, after incorporating the effect of the opportunitycost?

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