A project has an initial outlay of $3,437. It has a single payoff at the end of year 6 of $9,638. What is the net present value (NPV) of the project if the company’s cost of capital is 9.48 percent?
Round the answer to two decimal places.
https://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.png00developerhttps://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.pngdeveloper2020-08-10 20:02:292020-08-10 20:02:29A project has an initial outlay of $3,437. It has a single payoff at the end of year 6 of $9,638. What is the net present value (NPV) of the project