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A project requires an increase in net working capital of $235,000 at time 0 that will be recovered at the end of its 18 year
A project requires an increase in net working capital of $235,000 at time 0 that will be recovered at the end of its 18 year life. If opportunity cost of capital is 5%, what is the effect on the NPV of the project?
Enter your answer rounded to two decimal places.
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