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 is the contract's net present value to a business whose cost of capital is 12% compounded quarterly? Multiple Choice $800.12 $23,200.17 $10,444.80 $35,800.12 $8170.80