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6.Project L costs $45,000, its expected cash inflows are $14,000 per year for 6 years, and its WACC is 12%. What is the project's NPV?

6.Project L costs $45,000, its expected cash inflows are $14,000 per year for 6 years, and its WACC is 12%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations

$_______

7.Project L costs $57,575.98, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places.

_______%

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