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Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 5.47 percent. The initial

Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 5.47 percent. The initial outlay is $367,621.

Year 1: 186,860

Year 2: 194,468

Year 3: 183,957

Year 4: 122,009

Year 5: 131,585

Round the answer to two decimal places.

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