Business
Business, 06.07.2019 04:10, ktown9

Daisy's donuts is expanding its operations. this expansion requires $59,000 in new fixed assets, which are expected to be worthless at the end of the project. daisy expects operating cash flows of $20,000 per year for 4 years as a result of the expansion. in addition, the project requires $4,000 of net working capital throughout the life of the project. what is the net present value of this expansion project at a required rate of return of 8.5 percent?

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