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A project has an initial outlay of $ 3 , 2 4 9 . It has a single payoff at the end of year 4

A project has an initial outlay of $3,249. It has a single payoff at the end of year 4 of $9,044. What is the net present value (NPV) of the project if the companys cost of capital is 8.10 percent?
Round the answer to two decimal places.

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