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Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent (Negative amount should be indicated by a minus sign.

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Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Y Time: Cash flow : 1 2 3 -58,100 $3,370 54,200 $1,540 $320 NPV

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