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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 14.86 percent. The initial outlay for the project is $477,630. The project will produce the following after-tax cash inflows of

Year 1: 158,274

Year 2: 2,289

Year 3: 21,565

Year 4: 151,755

Round the answer to two decimal places.

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