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A project has an initial outlay of $4,798.It has a single payoff at the end of year 3 of $7,605. What is the net present

A project has an initial outlay of $4,798.It has a single payoff at the end of year 3 of $7,605. What is the net present value NPV of the project if the company's cost of capital is 8.70 percent? Please explain how to solve this I'm trying to learn the process

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