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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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