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Question 4 (1 point) A project has an initial outlay of $2,311. It has a single payoff at the end of year 4 of $6,278.

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Question 4 (1 point) A project has an initial outlay of $2,311. It has a single payoff at the end of year 4 of $6,278. What is the net present value (NPV) of the project if the company's cost of capital is 14.52 percent? Round the answer to two decimal places. Your

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