Question
Find the net present value (NPV) for the following series offuture cash flows, assuming the companys cost of capital is 10.19percent. The initial outlay is
Find the net present value (NPV) for the following series offuture cash flows, assuming the company’s cost of capital is 10.19percent. The initial outlay is $471,448.
Year 1: 191,637
Year 2: 128,236
Year 3: 161,255
Year 4: 138,369
Year 5: 190,517
Round the answer to two decimal places in percentageform.
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