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Questions Problem 11.01 (NPV) Question 1 of 9 1. Check My Work 2. 3. eBook 4. Project L costs $50,000, its expected cash inflows are

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Questions Problem 11.01 (NPV) Question 1 of 9 1. Check My Work 2. 3. eBook 4. Project L costs $50,000, its expected cash inflows are $13,000 per year for 11 years, and its WACC is 12%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. 5. 6. 7. 8. 9

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