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A project with a life of 7 has an initial fixed asset investment of $ 2 3 , 9 4 0 , an initial NWC

A project with a life of 7 has an initial fixed asset investment of $23,940, an initial NWC
investment of $2,280, and an annual OCF of -$36,480. The fixed asset is fully
depreciated over the life of the project and has no salvage value.
Multiple Choice
$-45,119.59
$-42,971.04
$-40,822.49
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