Question: 11. Problem 11.01 (NPV LE eBook Problem Walk-Through Project requires an initial outlay at t - 0 of $35,000, its expected cash inflows are $9,000

 11. Problem 11.01 (NPV LE eBook Problem Walk-Through Project requires an

11. Problem 11.01 (NPV LE eBook Problem Walk-Through Project requires an initial outlay at t - 0 of $35,000, its expected cash inflows are $9,000 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

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