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Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in excel. Green Landscaping, Inc.
Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in excel. Green Landscaping, Inc. uses net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 7.72 percent. What is the NPV of a project if the initial costs are $2,172,365 and the project life is estimated as 8 years? The project will produce the same after-tax cash inflows of $497,947 per year at the end of the year.
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