What is the net present value of the investment

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Problem: You are offered an investment with returns of $ 2,982 in year 1, $ 4,554 in year 2, $ 4,269 in year 3, and 8,717 in year 4. The investment will cost you $ 8,717 today. If the appropriate Cost of Capital (quoted interest rate) is 12.3 %, what is the Net present Value of the investment?

Reference no: EM133616085

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