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A project has an initial cost of $41,025, expected net cash inflows of $11,000 per year for 11 years, and a cost of capital of
A project has an initial cost of $41,025, expected net cash inflows of $11,000 per year for 11 years, and a cost of capital of 14%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
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