Project is expected to create operating cash flows

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A project is expected to create operating cash flows of $35,000 a year for four years. The initial cost of the fixed assets is $100,000. These assets will be worthless at the end of the project. An initial $5,000 of net working capital will be required at the project’s start. What is the project's net present value if the required rate of return is 11 percent?

Reference no: EM131068644

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