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1. Problem 11.01 (NPV) eBook Problem Walk-through Project requires an initial outlay at t = 0 of $65,000, its expected cashiedlows are $13,000 per year
1. Problem 11.01 (NPV) eBook Problem Walk-through Project requires an initial outlay at t = 0 of $65,000, its expected cashiedlows are $13,000 per year for years, and its WACC is 10%. What is the project NPV? Do not round intermediate calculations, Round your answer to the nearest cent
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