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A project has an initsal cost of $60,000, expected net cash inflows of $13,000 por year for 10 years, and a cost of capital of

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A project has an initsal cost of $60,000, expected net cash inflows of $13,000 por year for 10 years, and a cost of capital of 9%. What is the project's Pl? (Hint: Begin by constructing a time lifie.) Do not round intermediate calculations. Round your answer to two decimal places

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