4.4(b) A project requires an initial cash outlay of $1,000 and a final investment of$600 at the end of year 2, and is expected to generate $1,750 at the end ofthe first year. Calculate the net present...

4.4(b) A project requires an initial cash outlay of $1,000 and a final investment of$600 at the end of year 2, and is expected to generate $1,750 at the end ofthe first year. Calculate the net present value of the cash flows by using:

(b) iF1 = 4% and iF2 = 5.5%.