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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 12.82 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 12.82 percent. The initial outlay is $443,792.
Year 1: 167,637
Year 2: 142,427
Year 3: 186,078
Year 4: 135,286
Year 5: 134,260
Round two decimal places.
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