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Bruno's Lunch Counter is expanding and expects operating cash flows of $27,700 a year for 6 years as a result. This expansion requires $93,400 in
Bruno's Lunch Counter is expanding and expects operating cash flows of $27,700 a year for 6 years as a result. This expansion requires $93,400 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $6,800 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 14 percent 5:45 Multiple Cholce $16,617 $14,316 $15,509 $10,614 $17,540
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