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Eduardo is working on a bid for a contract. Thus far, he has determined that he will need $ 2 1 8 , 0 0

Eduardo is working on a bid for a contract. Thus far, he has determined that he will need $218,000 for fixed assets and another $41,000 for net working capital at Time 0. He has also determined that he can recover $79,900 after tax for the combined fixed assets and net working capital at the end of the 3-year project. What operating cash flow will be required each year for the project to return 14 percent in nominal terms (and thus achieve financial break-even)?A.
Multiple Choice
A. $113,360.69
B. $88,330.01
C. $97,487.79
D. $116,079.42
E. $110,220.48

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