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23-07-2024
Business

Answered

You are offered an investment with returns of $1053 in year 1, $3897 in year 2, and $5991 in year 3. The investment will cost you $8149 today. If the appropriate Cost of Capital (quoted interest rate) is 10.2%, what is the Net Present Value of the investment? Enter your answer to the nearest $0.01. Do not use the $ sign or commas in your answer. If the NPV is negative, use the - sign

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