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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 12.61 percent. The initial

Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 12.61 percent. The initial outlay is $303,514.

Year 1: 158,514

Year 2: 130,003

Year 3: 174,318

Year 4: 167,787

Year 5: 133,322

Round the answer to two decimal places.

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