Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $14,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $14,000 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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Authors: Shannon P. Pratt, Roger J. Grabowski, Richard A. Brealey
5th Edition
1118555805, 9781118555804
