Tall Trees, Inc. is using the net present value (NPV) when evaluation projects. You have to find
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Question:
Tall Trees, Inc. is using the net present value (NPV) when evaluation projects. You have to find the NPV for the company's project, assuming the company's cost of capital is 10.55 percent. The initial outlay for the project is $344,406. The project will produce the following after-tax cash inflows of:
Year 1 - 166900
Year 2 - 109181
Year 3 - 85604
Year 4 - 187859
Round the answer to two decimal places.
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