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Bruno's Lunch Counter is expanding and expects operating cash flows of $30,100 a year for 6 years as a result. This expansion requires $95,400 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $7,400 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 12 percent? - $30,716 - $32,910 - $34,738 - $28,353 - $24,702
Sagot :
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