Question: ebook Problem Walk-Through Project L requires an initial outlay at tot $55.000, its expected cash flows are $12,000 per year for 9 years, and its

 ebook Problem Walk-Through Project L requires an initial outlay at tot

ebook Problem Walk-Through Project L requires an initial outlay at tot $55.000, its expected cash flows are $12,000 per year for 9 years, and its WACC IS . What is the project's NPV? Do not round intermediate calculations Round your answer to the nearest cent 5

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