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Project L requires an initial outlay at t=0 of $45,000, its expected cash inflows are $10,000 per year for 9 years, and its wACC is

Project L requires an initial outlay at t=0 of $45,000, its expected cash inflows are $10,000 per year for 9 years, and its wACC is 13%. What is the project's WPV? Do not round intermediate calculations, Round your answer to the nearest cent

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