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Question 4 (1 point) A project has an initial outlay of $2,984. It has a single payoff at the end of year 7 of $6,202.

Question 4 (1 point) A project has an initial outlay of $2,984. It has a single payoff at the end of year 7 of $6,202. What is the net present value (NPV) of the project if the company's cost of capital is 12.41 percent? Round the answer to two decimal places

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