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Business, 02.06.2021 01:00 Wintersavannah

Bruno's Lunch Counter is expanding and expects operating cash flows of $27,700 a year for 6 years as a result. This expansion requires $93,400 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $6,800 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 14 percent

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