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Npv of project-walt disney

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Recently, Walt Disney World launched a new system for guest management. The FASTPASS+ system lets guests reserve rides before they get to Disney World. The cost of developing this system was $5.00 million. Let's simplify the problem and assume that the project will increase cash flows to Disney World by $1.00 million per year for the next 10.00 years ($1 million for year 1, $1 million for year 2, etc). If the cost of capital at Disney is 12.00%, what is the NPV of this project? (express in units of million)

Reference no: EM132696217

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