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Homework #6B (NPV)

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February 19th, 2023

Homework #6B (NPV)FinanceQuestion 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 8.07 percent. The initial outlay is $347,871.Year 1: 181,964Year 2: 166,018Year 3: 169,021Year 4: 165,004Year 5: 162,195Round the answer to two decimal places.

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