You are offered an investment with returns of $1,742 in year 1, $4,077 in year 2, and $4,661 in year 3. The investment will cost you $6,216 today. If the appropriate Cost of Capital (quoted interest rate) is 12.6%, 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.Your Answer:
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SIU Carbondale-BA 530-You are offered an investment with returns of $1,742 in year
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