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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 13.85 percent. The initial
Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 13.85 percent. The initial outlay is $373,221.
Year 1: 192,566
Year 2: 179,665
Year 3: 130,586
Year 4: 175,968
Year 5: 135,209
Round the answer to two decimal places in percentage form.
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