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19. In the previous problem (question 18), suppose the project requires an initial investment in net working capital of $300,000, and the fixed asset will

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19. In the previous problem (question 18), suppose the project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the project. What is the project's year 0 net cash flow? Year 12 Year 2? Year 3? What is the new NPV? 0 1 1,861,500 2 1,861,500 Year OCF NWC Net fixed assets Total project CF 3 1,861,500 +300,000 +136,500 -300,000 $4,200,000 -4,500,000 1,861,500 1,861,500 2,298,000

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