Business, 14.04.2020 23:14, genaro19

The owners of a chain of fast-food restaurants spend $ 25 million installing donut makers in all their restaurants. This is expected to increase cash flows by $ 12 million per year for the next five years. If the discount rate is 6.6%, were the owners correct in making the decision to install donut makers? Round answer to the nearest million.

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The owners of a chain of fast-food restaurants spend $ 25 million installing donut makers in all the...