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MC algo 9-31 Cash Flows And NPv Bruno's Lunch Counter is expanding and expects operating cash flows of $25,600 a year for 5 years as

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MC algo 9-31 Cash Flows And NPv Bruno's Lunch Counter is expanding and expects operating cash flows of $25,600 a year for 5 years as a result. This expansion requires $69,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $5,800 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 13 percent? $18,389 $25,780 O $24,423 $22.795 $21,041

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