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Project L requires an initial outlay at t=0 of $70,000, its expected cash inflows are $14,000 per year for 9 years, and its WhCC is

Project L requires an initial outlay at t=0 of $70,000, its expected cash inflows are $14,000 per year for 9 years, and its WhCC is 12%. What is the project's NPV? Do not round intermediate calculations, Round your answer to the nearest cent. \$5

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