Question: Question 1(2.5 points)Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 10.55 percent.
Question 1(2.5 points)Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 10.55 percent. The initial outlay is $499,401.Year 1: 128,823Year 2: 136,504Year 3: 133,372Year 4: 141,664Year 5: 146,486Round the answer to two decimal places.
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