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The investment will cost you 5985 today if the appropriate

You are offered an investment with returns of $ 2,337 in year 1, $ 3,038 in year 2, and $ 3,047 in year 3. The investment will cost you $ 5,985 today. If the appropriate Cost of Capital (quoted interest rate) is 8.9 %, what is the Net Present Value of the investment?

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Finance Basics: The investment will cost you 5985 today if the appropriate

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