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If a 5-year-long project requires initial NWC of $0.1 million, and each year after that NWC will be 10% of the sale which is $5
If a 5-year-long project requires initial NWC of $0.1 million, and each year after that NWC will be 10% of the sale which is $5 million. All working capital will be recovered at the end of the project life, my question is what is the NWC that will be recovered at the end of year 5? Thank you.
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