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You are considering an investment with the following characteristics. The investment will cost you $562 today, but will pay you annual benefits of $118 for
You are considering an investment with the following characteristics. The investment will cost you $562 today, but will pay you annual benefits of $118 for 13 years starting at the end of the first year. The relevant opportunity cost of capital is 8%. What is the NPV of this investment? Round your answer to two decimals. Enter negative values with a - sign. Don't enter the $-symbol as part of your answer.
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