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E eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $15,000 per year for

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E eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 13%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. 1 Grade it Now Save & Continue Continue without saving

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