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Bruno's Lunch Counter is expanding and expects operating cash flows of $ 2 0 , 5 0 0 a year for 5 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 $ 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 percent?
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