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Find the net present value (NPV) for the following series of future...
Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 10.53 percent. The initial outlay is $390,413.
Year 1: 194,368
Year 2: 171,611
Year 3: 121,761
Year 4: 149,824
Year 5: 137,060
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