Question: please solve ! Project L requires an initial outlay at t=0 of $50,000, its expected cash inflows are $12,000 per year for 9 years, and
Project L requires an initial outlay at t=0 of $50,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 11%. What is the peojects NPV Do nat round intermediate calculations. Round your answer to the nearest cent
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