BUSA 6140- You are offered an investment with returns of $2,004

Subject: Business    / Finance
Question
You are offered an investment with returns of $2,004 in year 1, $4,192 in year 2, and $3,212 in year 3. The investment will cost you $8,425 today. If the appropriate Cost of Capital (quoted interest rate) is 11.1%, what is the Net Present Value of the investment? Enter your answer to the nearest $.01.