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Bruno's Lunch Counter is expanding and expects operating cash flows of $26,000 a year for 4 years as a result. This expansion requires $39.000 in

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Bruno's Lunch Counter is expanding and expects operating cash flows of $26,000 a year for 4 years as a result. This expansion requires $39.000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $30,000 of net working capital which will be recouped when the project ends. What is the net present value of this expansion project at a required rate of return of 16 percent? $18.477.29 $20.32143 $28.288.70 $29.41608 $32.409 57

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