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28. The Huddle is planning to expand its operations to other college campuses. It intends to open 76 new stores across the country. Each store

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28. The Huddle is planning to expand its operations to other college campuses. It intends to open 76 new stores across the country. Each store is expected to generate $8,000 in free cash flows per year. Half of the stores are expected to grow at 5% a year, and the other half are expected to grow at 10% a year. What is the NPV of this expansion project? Assume the company's cost of capital is 15% a. $4,053,333 b. $9,120,000 c. $6,080,000 d. $7,560,000 29. Which of the following formulas will correctly calculate Net Working Capital? a. Current assets + current liabilities b. Current assets - current liabilities c. Incremental carnings - capital purchases d. Free cash flow + depreciation expenses

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