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Bruno's Lunch Counter is expanding and expects operating cash flows of $ 3 2 , 4 0 0 a year for 6 years as a
Bruno's Lunch Counter is expanding and expects operating cash flows of $ a year for years as a result. This expansion requires $ in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires an increase of $ of net working capital which will be recovered at the end of the project. What is the net present value of this expansion project at a required rate of return of percent?
a $
b $
c $
d $
e $
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