Question
Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $15,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $15,000 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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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
