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1 8 : 2 5 8 2 Notes April 2 4 , 2 0 2 4 at 1 8 : 2 5 Project L requires

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April 24,2024 at 18:25
Project L requires an initial outlay at t=0 of $65,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 9%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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