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A contract is estimated to yield 48 quarterly net returns of $3000 beginning three months from now. To secure the contract, outlays of $40.000 now

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A contract is estimated to yield 48 quarterly net returns of $3000 beginning three months from now. To secure the contract, outlays of $40.000 now and $35.000 two years from now are required. What i the contract's net present value to a business whose cost of capital is 12% compounded quarterly? $800.12 $35.800.12 $10.444.80 $8170.80 $23.20017

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