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36. Problem 11.01 (NPV) ellook Problem Walk-Through Project L requires an initial outlay at 1-0 of $35,000, its expected cash inflows are $13,000 per year

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36. Problem 11.01 (NPV) ellook Problem Walk-Through Project L requires an initial outlay at 1-0 of $35,000, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 12%. What is the project's NPV? DO not round intermediate calculations. Round your answer to the nearest cent

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