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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
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 7.79 percent. The initial outlay for the project is $339,231. The project will produce the following after-tax cash inflows of Year 1: 177,394 Year 2: 36,463 Year 3: 113,383 Year 4: 144,061 Round the answer to two decimal places.
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