A project has an initial outlay of 1964 it has a single


A project has an initial outlay of $1,964. It has a single payoff at the end of year 7 of $6,219. What is the net present value (NPV) of the project if the company’s cost of capital is 10.89 percent?

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Financial Management: A project has an initial outlay of 1964 it has a single
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