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NPV Project L costs $55,000, its expected cash inflows are $12,000 per year for 11 years, and its WACC is 13%. What is the project's

NPV

Project L costs $55,000, its expected cash inflows are $12,000 per year for 11 years, and its WACC is 13%. What is the project's NPV?

Round your answer to the nearest cent. Do not round your intermediate calculations.

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