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Problem 2 (30%) Project L costs $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. Draw the
Problem 2 (30%) Project L costs $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. Draw the timeline and indicate cash flows on it. What is the project's NPV? Would you accept or reject the project
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