Question: I need explanation for this question please You have an opportunity to invest $49,200 now in return for $60,700 in one year. If your cost

I need explanation for this question please
You have an opportunity to invest $49,200 now in return for $60,700 in one year. If your cost of capital is 8.2%, what is the NPV of this investment? 0 Click the icon to see the Worked Solution (Formula Solution). i Click the icon to see the Worked Solution (Financial Calculator and Spreadsheet Solution). The NPV will be $ 6,899.82 (Round to the nearest cent.)
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