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Project L requires an inital cutlay at t=0 of $35,000, its expected cash infows are $15,000 per year for 9 years, and its WhCC is

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Project L requires an inital cutlay at t=0 of $35,000, its expected cash infows are $15,000 per year for 9 years, and its WhCC is 10%. What is the project's NPV? Do not round: intermed ste calculations. Roond your answer to the nearest cent. 5

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