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Project L costs $ 6 5 , 0 0 0 , its expected cash inflows are $ 1 2 , 0 0 0 per year

Project L costs $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the project's NPV?
$5,500
$6,502
$8,504
$6,942
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