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A project has an initial outlay of $4,798.It has a single payoff at the end of year 3 of $7,605. What is the net present value NPV of the project if the company’s cost of capital is 8.70 percent?

A project has an initial outlay of $4,798.It has a single payoff at

the end of year 3 of $7,605. What is the net present value NPV of the project if the company’s cost of capital is 8.70 percent?

 
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