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Explain, in your own words, why working capital investments are subtracted each year in the cash flows.

Calculate the NPV of the Electrobicycle project. Be sure to show your NPV calculations. Explain, in your own words, why working capital investments are subtracted each year in the cash flows. Explain, in your own words, the meaning of the required rate of return for the project. Assume the auto company has a required rate […]

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