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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 8.34 percent. The initial
Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 8.34 percent. The initial outlay is $446,634.
Year 1: 154,722
Year 2: 126,062
Year 3: 188,802
Year 4: 149,733
Year 5: 173,499
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