Find the net present value for the following series Of future cash flows assuming the companys cost of capital is 9.7%.
The initial outlay is $650,000 Year 1: 190,633 Year 2: 181,120 Y3: 150,234 4: 183,078 5: 165,995 Please show work
a. -18,123.15 b. 18,989.15 c. 668,989.34 d. 56,945.15