Nucor Steel Corporation has a new electric are furnace that has an initial cost of $286.300 Nucor Steel expects this new electric arc fumace to generate tree cash Hows of $47900 for 7 years and a tree cash flow of $63,300 in Year 8. 1 Nucor Steel's required return for this new electric arc furnace s 87 percent, what is the NPV for this furnace? Multiple Choice $14 22614 18.200 22 $67,99470 O $47OH OH -S1029917