Question 1(1 point) Find the net present value (NPV) for the following series of future cash flows,
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Question 1(1 point)
Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 6.61 percent. The initial outlay is $333,140.
Year 1: 159,251
Year 2: 135,349
Year 3: 131,786
Year 4: 143,678
Year 5: 185,896
Round the answer to two decimal places.
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