Question: Lanco Pools has a new indoor pool project with an initial cost of $ 3 8 0 , 0 0 0 that is expected to

Lanco Pools has a new indoor pool project with an initial cost of $380,000 that is expected to generate cash flows of $48,700 for 11 years and a cash flow of $64,100 in Year 12. If the required return is 8.3 percent, what is the project's NPV? Please state your answer in $ and cents (e.g., $29,987.90).
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 Lanco Pools has a new indoor pool project with an initial

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