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Click here to read the eBook: Net Present Value ( NPV ) NPV Project L costs $ 5 0 , 0 0 0 , its

Click here to read the eBook: Net Present Value (NPV)
NPV
Project L costs $50,000, its expecied cash inflows are $10,000 per year for 8 years, and its WACC is 11%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
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