Business, 12.08.2020 06:01, bossybaby12

Fly High Co. is expanding and expects operating cash flows of $65,000 a year for four years as a result. This expansion requires $105,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $7,000 of net working capital, which will be recovered at the end of the project. What is the net present value of this expansion project at a required rate of return of 15 percent

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Fly High Co. is expanding and expects operating cash flows of $65,000 a year for four years as a res...