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Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. (Negative amounts should be indicated by a minus sign.

Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project Y Time: 0 1 2 3 4

Cash flow: $8,000 $3,350 $4,180 $1,520 $300

NPV?

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