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  3. a project has an initial cost of $58,975, expected

A project has an initial cost of $58,975, expected net cash inflows of $12,000 per...

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Accounting

A project has an initial cost of $58,975, expected net cash inflows of $12,000 per year for 11 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.

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