Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $10,000 per year for 9 years, an

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answerhappygod
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Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $10,000 per year for 9 years, an

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Project L requires an initial outlay at t = 0 of $45,000, itsexpected cash inflows are $10,000 per year for 9 years, and itsWACC is 14%. What is the project's NPV? Do not round intermediatecalculations. Round your answer to the nearest cent.
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