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A Project Is Expected to Create Operating Cash flOws of €22,500

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A project is expected to create operating cash flows of €22,500 a year for three years.The initial cost of the non-current assets is €50,000.These assets will be worthless at the end of the project.
An additional €3,000 of net working capital will be required throughout the life of the project.What
Is the project's net present value if the required rate of return is 10%?


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