Project l costs 55000 its expected cash inflows are 11000


Project L costs $55,000, its expected cash inflows are $11,000 per year for 12 years, and its WACC is 9%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

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Financial Management: Project l costs 55000 its expected cash inflows are 11000
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