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

/in /by

Find the net present value (NPV) for the following series of future
cash flows, assuming the company’s cost of capital is 7.02 percent. The initial outlay is $345,493.
Year 1: 184,495
Year 2: 154,625
Year 3: 152,371
Year 4: 130,207
Year 5: 192,692
Round the answer to two decimal places.

 
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