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Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 12.30 percent. What is the NPV of
Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 12.30 percent. What is the NPV of a project if the initial costs are $1,430,664 and the project life is estimated as 9 years? The project will produce the same after-tax cash inflows of $662,203 per year at the end of the year.
Round the answer to two decimal places.
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