Question: Please answer! thank you Project L requires an initial outiay at t=0 of $60,000, its expected cash inflows are $11,000 per year for 9 years,
Project L requires an initial outiay at t=0 of $60,000, its expected cash inflows are $11,000 per year for 9 years, and its wacC is 9%. What is the project's NPV? Do not round intermedlate calculations. Round your answer to the nearest cent. $
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