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A project is expected to create operating cash flows of $40,000 a year for four years. The initial cost of the fixed assets is $100,000.

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A project is expected to create operating cash flows of $40,000 a year for four years. The initial cost of the fixed assets is $100,000. These assets will be worthless at the end of the project. An additional $4,500 of net working capital will be required at time 0 and this will be released at the end of the project. What is the project's net present value if the required rate of return is 10 percent? $25.368.18 none of these $29.868.18 $11,879.25 $26.794,62

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