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Find the net present value (NPV) for the following series of future

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Find the net present value (NPV) for the following series of future
cash flows, assuming the company’s cost of capital is 12.35 percent. The initial outlay is $481,538.
Year 1: 132,996
Year 2: 158,684
Year 3: 166,844
Year 4: 185,835
Year 5: 142,922
Round the answer to two decimal places.

 
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