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Problem 10-1 NPV A project has an initial cost of $53,725, expected net cash inflows of $13,000 per year for 10 years, and a cost

Problem 10-1 NPV A project has an initial cost of $53,725, expected net cash inflows of $13,000 per year for 10 years, and a cost of capital of 12%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent. $

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