Question: answer quickly my exam is now please 8. A project is expected to create operating cash flows of $22,500 a year for three years. The

 answer quickly my exam is now please 8. A project is

answer quickly my exam is now please

8. A project is expected to create operating cash flows of $22,500 a year for three years. The initial cost of the fixed assets is $45,000. 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%?* (2 Points)

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