SAT
SAT, 08.12.2021 19:40, vickyarroyo8888

Sibelius inc. Is expanding and expects operating cash flows of $49,500 a year for eight years as a result. This expansion requires $36,500 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $2,200 of net working capital initially (year 0). What is the net present value of this expansion project at a required rate of return of 15. 6 percent?.

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