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
Posted: Fri Jul 01, 2022 7:50 am
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.