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 9.27 percent. The initial outlay is $324,882.

Year 1: 156,969

Year 2: 120,477

Year 3: 126,883

Year 4: 147,775

Year 5: 126,882

Round the answer to two decimal places.

Reference no: EM131402282

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