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1. Problem 11.01 (NPV) eBook Project L costs $60,000, its expected cash inflows are $11,000 per year for 12 years, and its WACC is 13%.

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1. Problem 11.01 (NPV) eBook Project L costs $60,000, its expected cash inflows are $11,000 per year for 12 years, and its WACC is 13%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. ory Grade it Now Save & Continue Continue without saving

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