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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 13.86 percent. The initial outlay for the project is $305,503. The project will produce the following after-tax cash inflows of Year 1: 182,327 Year 2: 65,893 Year 3: 58,030 Year 4: 170,014 Round the answer to two decimal places
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