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Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 13.44 percent. The initial
Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 13.44 percent. The initial outlay is $409,729.
Year 1: 149,853
Year 2: 125,503
Year 3: 147,404
Year 4: 125,233
Year 5: 124,630
Round the answer to two decimal places.
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