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C eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $70,000, its expected cash inflows are $13,000 per year
C eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $70,000, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 10%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
