Question
Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $13,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 11%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
ans= _____
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Government Auditing Standards 2011 Revision
Authors: U. S. Government Accountability Office, Comptroller General Of The United States
1st Edition
1482311372, 978-1482311372
