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MC algo 10-27 Cash Flows And NPV Bruno's Lunch Counter is expanding and expects operating cash flows of $27,900 a year for 4 years as

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MC algo 10-27 Cash Flows And NPV Bruno's Lunch Counter is expanding and expects operating cash flows of $27,900 a year for 4 years as a result. This expansion requires $66,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $4,200 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 10 percent? Multiple Choice $26,046

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