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A project has an initial outlay of $1,964. It has a single payoff at the end of year 7 of $6,219. What is the net
A project has an initial outlay of $1,964. It has a single payoff at the end of year 7 of $6,219. What is the net present value (NPV) of the project if the companys cost of capital is 10.89 percent?
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