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Green Landscaping, Inc. is using net present value ( NPV ) when evaluating projects. Green Landscaping s cost of capital is 6 . 5 3

Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 6.53 percent. What is the NPV of a project if the initial costs are $2,443,959 and the project life is estimated as 9 years? The project will produce the same after-tax cash inflows of $467,420 per year at the end of the year.
Round the answer to two decimal places.

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