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A project has an initial outlay of $4,895. It has a single payoff at the end of year 10 of $7,975. What is the net

A project has an initial outlay of $4,895. It has a single payoff at the end of year 10 of $7,975. What is the net present value (NPV) of the project if the company's cost of capital is 8.64 percent?

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