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$ Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $12,000 per year for 9 years, and
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 13%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Affordable Housing Finance
Authors: K. Hawtrey
2009th Edition
0230555187, 978-0230555181
