Question: Question Completion Status: 1 | 2 3 6 7 Save and Submit > Click Submit to complete this assessment. Question 7 of 7 Question 7

Question Completion Status: 1 | 2 3 6 7 Save and Submit > Click Submit to complete this assessment. Question 7 of 7 Question 7 10 points Save Answer You are trying to value the following investment opportunity: The investment will cost you $24,737 today. In exchange for your investment you will receive monthly cash payments of $4.967 for 10 months. The first payment will occur at the end of the first month. The applicable effective annual interest rate for this investment opportunity is 896. Calculate the NPV of this investment opportunity. Round to two decimals (do not include the S-sign in your answer). Click Submit to complete this assessment. Question 7 of 7
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