Question
Tall Trees, Inc. is using the net present value (NPV) when evaluating projects. You have to find the NPV for the company's project, assuming the
Tall Trees, Inc. is using the net present value (NPV) when evaluating projects. You have to find the NPV for the company's project, assuming the company's cost of capital is 8.03 percent. The initial outlay for the project is $417,040. The project will produce the following after-tax cash inflows of
Year 1: 120,995
Year 2: 190,848
Year 3: 33,887
Year 4: 163,312
Round the answer to two decimal places.
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
