Question
Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $9,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $9,000 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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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
