the basics of capital budgeting part 1

Ch 11: Assignment - The Basics of Capital Budgeting Part 1 x Back to Assignment Attempts Keep the Highest/1 1. Problem 11.01 (NPV) eBook Problem Walk-Through Project L. requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 12%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $ Grade it Now Save & Continue Continue without saving