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Club Corp is considering a project that would last for 3 years and have a cost of capital of 1 5 . 2 0 percent.
Club Corp is considering a project that would last for years and have a cost of capital of percent. The project would require an initial investment in equipment if $ The relevant level of net working capital for the project is expected to be $ immediately at year ; $ in year; $ in years; and $ in years. Relevant operating cash flows are expected to be $ each year of the project and the aftertax cash flow from selling the equipment at the end of the project is expected to be $ What is the net present value of this project?
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