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How to solve NPV A project has an initial cost of $ 5 5 , 0 0 0 , expected net cash inflows of $

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NPV
A project has an initial cost of $55,000, expected net cash inflows of $11,000 per year for 9 years, and a cost of capital of 9%. 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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