Project is expected to create operating cash flows

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A project is expected to create operating cash flows of $26500 a year for three years. The initial cost of the fixed assets is $55000. These assets will be worthless at the end of the project. An additional $5000 if net working capital will be required throughout the like of the project. What is the project's net present value if the required rate of return is 15 percent?

Reference no: EM131958888

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