Question: George is using the net present value (NPV) when evaluating investment opportunities, assuming the opportunity cost rate 12.09 percent. The initial cash outlay is $487,843.

 George is using the net present value (NPV) when evaluating investment

George is using the net present value (NPV) when evaluating investment opportunities, assuming the opportunity cost rate 12.09 percent. The initial cash outlay is $487,843. The investment will produce the following the end of the year after-tax cash inflows of Year 1: $121,487 Year 2: $133,555 Year 3: $91,785 Year 4: $197,887 Round the answer to two decimal places. Your

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