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QUESTION
Homework #6B (NPV)
Homework #6B (NPV)
Finance
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 $1,816. It has a single payoff at the end of year 8 of $7,178. What is the net present value (NPV) of the project if the company’s cost of capital is 13.59 percent?
Round the answer to two decimal places.
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