Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 8.68 percent. The initial outlay is $366,084.

Year 1: 123,123

Year 2: 127,679

Year 3: 124,965

Year 4: 136,808

Year 5: 143,320

Round the answer to two decimal places.

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Question 8 (1 point) Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 25 years and a yield to maturity of 8.29 percent, compounded semi-annually. What is the current price of the bond? Round the answer to two decimal places. All the work has to be shown