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Project L requires an initial outloy at k=0 of $45,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is

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Project L requires an initial outloy at k=0 of $45,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 11%. What is the project's NPV7 Do not round inkermediate calculations: Round your answer to the nesest cent. s. answer to twodecimal placel

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