A Question 9 (1 point) Retake question Michael Bloomberg Corp. is expanding and expects operating cash flows of $59,000 a year for 4 years as a result. This expansion requires $80,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $10,000 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 15 percent? $68,631$84,161$32,452$78,400$15,913 Hide hint for Question 9 You are given information on NCS, NWC, and annual OCF. Just put them on the timeline and compute CFFA for each year in the project's life and then compute the project's NPV. [Note: as always, initial investment in NWC will be recovered at the end of the project]