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6B-4 A project has an initial outlay of $2,537. It has a single payoff at the end of year 2 of $9,241. What is the

6B-4 A project has an initial outlay of $2,537. It has a single payoff at the end of year 2 of $9,241. What is the net present value (NPV) of the project if the companys cost of capital is 10.81 percent? Round the answer to two decimal places.

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