Find the net present value of future cash flows

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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 6.29 percent. The initial outlay is $373,651.

Year 1: 128,686

Year 2: 137,006

Year 3: 190,293

Year 4: 175,181

Year 5: 164,260

Round the answer to two decimal places.

Reference no: EM132557632

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