Project L requires an initial outlay at two of $60,000, its expected cash inflows are $12,000 per year for 9 years, and
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Project L requires an initial outlay at two of $60,000, its expected cash inflows are $12,000 per year for 9 years, and
Project L requires an initial outlay at two of $60,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 12%. What is the project's NPV? Do not round Intermediate calculations, Round your answer to the nearest cent.
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