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Drake is considering a project with the following cash flows: Initial Outlay: $300,000 Year 1: $105681 Year 2: $150290 Year 3: $87095 Year 4: $102314

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Drake is considering a project with the following cash flows: Initial Outlay: $300,000 Year 1: $105681 Year 2: $150290 Year 3: $87095 Year 4: $102314 Year 5: $63433 The required rate of return is 14%. What is the NPV of the project? (Do not enter the $ sign or a comma in your answer. Round your answer to 2 decimal places.)

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