You are given the following cash flows for a new growing company with year specific costs of capital. Compute the cumulative present value of the expected cash flows.

Year 1

FCFF: -100

Cost of Capital: 16%

Year 2

FCFF: -50

Cost of Capital: 12%

Year 3

FCFF: 100

Cost of Capital: 10%

Year 4

FCFF: 150

Cost of Capital: 9%

Year 5

FCFF: 1000

Cost of Capital: 5%