Question: Find the net present value ( NPV ) for the following series of future cash flows, assuming the company's cost of capital is 9 .

Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 9.31 percent. The initial outlay is $324,776. Year 1: 145,502; year 2: 197,253; year 3: 143,651; year 4: 192,477; year 5: 162,237. Round to two decimal places

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