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Suppose you ' re presented with a proposal for a project that costs $ 4 , 3 0 0 and will bring in $ 2

Suppose you'represented with a proposal for a
project that costs$4,300and will bring in $20,200 the first year. The next
year,you'll have to pay out$15,600.With a cost of capital of14%,calculate the net
present value (NPV)for this project.The NPV of the project is?(Roundto the nearest
cent.)

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