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Brunos Lunch Counter is expanding and expects operating cash flows of $24600 a year for 6 years as a result. This expansion requires $76000 in
Brunos Lunch Counter is expanding and expects operating cash flows of $24600 a year for 6 years as a result. This expansion requires $76000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $6000 of networking capital throughout the life of a project. What is the net present value of this expansion project at a required rate of return of 10 percent
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