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Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $9,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $9,000 per year for 9 years, and its WACC is 10%. What is the project's NPV? Do not round Intermediate calculations. Round your answer to the nearest cent
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
15th edition
1259404781, 007802563X, 978-1259404788, 9780078025631, 978-0077522940
