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Posted on May 18, 2024

Project L costs $ 3 5 , 0 0 0 , its expected cash inflows are $ 1 5 , 0 0 0 per year

Project L costs $

35, 000,

its expected cash inflows are $

15, 000

per year for

12

years, and its WACC is

14 % .

What is the project's NPV

?

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

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