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A project has an initial outlay of $4, 272. It has a single payoff at the end of year 10 of $9, 877. What is

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A project has an initial outlay of $4, 272. It has a single payoff at the end of year 10 of $9, 877. What is the net present value (NPV) of the project if the company's cost of capital is 9.94 percent? Round the answer to two decimal places

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