question archive Question 1) Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 11

Question 1) Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 11

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Question 1) Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 11.13 percent. The initial outlay is $318,577.

Year 1: 121,833

Year 2: 129,850

Year 3: 153,945

Year 4: 181,083

Year 5: 153,886

Round the answer to two decimal places.

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