management at tjx companies is deciding whether to build a new goods distribution center. the distribution center will cost $60 million to build; the estimated additional first year revenue will be $5 million. the distribution center will last 50 years, with a depreciation rate of 5% per year. the opportunity cost of this investment is predicted to be 7% interest earned. a. what is the present value of the stream of payments resulting from this potential new goods distribution center? round to the nearest million.
