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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 9.30 percent. The initial outlay is $403,147.
Year 1: 150,544
Year 2: 174,831
Year 3: 180,905
Year 4: 180,591
Year 5: 135,787
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