Question: Back to Assignment Attempts: Keep the Highest: /1 1. Problem 11.01 (NPV) eBook Project L costs $35,000, its expected cash inflows are $14,000 per year

 Back to Assignment Attempts: Keep the Highest: /1 1. Problem 11.01

Back to Assignment Attempts: Keep the Highest: /1 1. Problem 11.01 (NPV) eBook Project L costs $35,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 14%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent

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