Find the net present value

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Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 5.62 percent. The initial outlay is $331,588.

Year 1: 164,261

Year 2: 148,728

Year 3: 160,279

Year 4: 138,579

Year 5: 192,827

Round the answer to two decimal places.

Reference no: EM133120453

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