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 13.31 percent. The initial outlay for the project is $322,025. The project will produce the following after-tax cash inflows of
Year 1: 140,244
Year 2: 147,453
Year 3: 176,366
Year 4: 121,934
Round the answer to two decimal places.
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
