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QID: #45535
Solution for QID #45535: Question 1) Find the net present value (NPV) for the followi | StudyHelpMe
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.
Answer:
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