You are considering an investment in an everlasting
Subject: Business / Finance
Question
You are considering an investment in an everlasting gobstopper machine. This machine will cost $10 million and will produce cash flows of $1 million and the end of every year forever. The appropriate cost of capital is 8%. Compute the economic value added (EVA) for this project. The PV of the EVAs for this project is.
How can I do this in EXCEL