Question
Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $13,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 12%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Personal Finance
Authors: Jeff Madura
3rd Edition
0321357973, 978-0321357977
