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Project L tequires an initial outlay at t=0 of 550,000 , tts nxpected cash Inflows are $11,000 per year for 9 years, and its wacc

Project L tequires an initial outlay at t=0 of 550,000 , tts nxpected cash Inflows are $11,000 per year for 9 years, and its wacc is 9%, what is the aroject's NPV? Do not round intermediate calculations. Round your answer to the nearest cent

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