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Positive Energy Inc. is considering a new project. The project has expected operating cash flows of $30,000 a year for 4 years. The project requires

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Positive Energy Inc. is considering a new project. The project has expected operating cash flows of $30,000 a year for 4 years. The project requires $39,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project initially requires $3,000 of net working capital that will be recouped at the end of the project. What is the net present value of this project at a required rate of return of 16 percent? a) $43,602.29 b) $23,704.29 c) $18.477.29 di $32.409.57 e) $21.033.33

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