Net present value of the investment

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You are offered an investment with returns of $ 2,072 in year 1, $3,572 in year 2, and $ 5,422 in year 3. The investment will cost you $ 5,947 today. If the appropriate Cost of Capital (quoted interest rate) is 11.2 %, what is the Net Present Value of the investment? Enter your answer to the nearest $.01.

Reference no: EM133069030

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