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You are offered an investment with returns of $ 1 , 6 6 3 in year 1 , $ 3 , 6 8 7 in

You are offered an investment with returns of $1,663 in year 1,$3,687 in year 2,
and $4,382 in year 3. The investment will cost you $8,222 today. If the appropriate
Cost of Capital (quoted interest rate) is 7.9%, what is the Net present Value of the
investment? Enter your answer to the nearest $.01. Do not use the $ sign or commas
in your answer. If the NPV is negative, use the - sign.
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