Question: 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
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 $2,469. It has a single payoff at the end of year 2 of $9,389. What is the net present value (NPV) of the project if the company's cost of capital is 13.14 percent? Round the answer to two decimal places. Your Answer: Answer Next Page Page 4 of 4
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