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A five-year project has an initial fixed asset investment of $355,000, an initial NWC investment of $39,000, and an annual OCF of ?$38,000. The fixed
A five-year project has an initial fixed asset investment of $355,000, an initial NWC investment of $39,000, and an annual OCF of ?$38,000. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is 11 percent, what is this project |
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