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A project has an initial outlay of $2,177. It has a single payoff at the end of year 8 of $8,285. What is the net

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A project has an initial outlay of $2,177. It has a single payoff at the end of year 8 of $8,285. What is the net present value (NPV) of the project if the company's cost of capital is 11.63 percent? Round the answer to two decimal places. Your

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