Compute net present value of the investment

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You are offered an investment with returns of $ 1,679 in year 1, $ 4,504 in year 2, and $ 4,346 in year 3. The investment will cost you $ 6,617 today. If the appropriate Cost of Capital (quoted interest rate) is 10.6 %, what is the Net present Value of the investment? Enter your answer to the nearest $.01. Do not use the $ sign or commas in your answer. If the NPV is negative, use the - sign.

Reference no: EM132641960

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