Question: Q11 eBook O Problem Walk-Through O Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $14,000 per

Q11

Q11 eBook O Problem Walk-Through O Project L
eBook O Problem Walk-Through O Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 11%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. O $ O O O

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