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Question 18 (1 point) Verizona is expanding and expects operating cash flows of $30,000 a year for seven years as a result. This expansion requires
Question 18 (1 point) Verizona is expanding and expects operating cash flows of $30,000 a year for seven years as a result. This expansion requires $28.000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires initial $2,800 of net working capital which will be recouped at the end of the project. What is the net present value of this expansion project at a required rate of return of 14 percent? A) $121,033.33 B) $111.369.91 C) $109.688.89 D) $98,968.13 ET $ 108,569 91 PM
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