Question: 1. Problem 11.01 (NPV) eBook 1 Problem Walk-Through Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are

1. Problem 11.01 (NPV) eBook 1 Problem Walk-Through Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $13,000 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
