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he nearest cent eBook A project has an initial cost of $60,000, expected net cash inflows of $9,000 per year for 11 years, and a

he nearest cent

eBook A project has an initial cost of $60,000, expected net cash inflows of $9,000 per year for 11 years, and a cost of capital of What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.

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