NPV

Project L costs $55,000, its expected cash inflows are $10,000 per year for 10 years, and its WACC is 10%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

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A project has annual cash flows of $3,500 for the next 10 years and then $9,500 each year for the following 10 years. The IRR of this 20-year project is 11.26%. If the firm's WACC is 10%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

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