This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question 4 (1 point) A project has an initial outlay of $2,469. It has a single payoff at the end of year 2 of $9,389. What is the net present value (NPV) of the project if the company's cost of capital is 13.14 percent? Round the answer to two decimal places. Your Answer: Answer Next Page Page 4 of 4