Question
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $15,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $15,000 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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Practical Financial Management
Authors: William R. Lasher
4th Edition
0324260768, 9780324260762
