Find the net present value (NPV) for the following series
Find the net present value (NPV) for the following series of future
cash flows, assuming the company’s cost of capital is 9.27 percent. The initial outlay is $324,882.
Year 1: 156,969
Year 2: 120,477
Year 3: 126,883
Year 4: 147,775
Year 5: 126,882
Round the answer to two decimal places.