Question
Tall Trees, Inc. is using the net present value (NPV) when evaluating projects. You have to find the NPV for the companys 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 11.98 percent. The initial outlay for the project is $402,308. The project will produce the following after-tax cash inflows of
Year 1: 199,646
Year 2: 102,353
Year 3: 133,811
Year 4: 152,770
Round the answer to two decimal places.
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Financial Accounting
Authors: Jan Williams, Susan Haka
17th Edition
126000645X, 9781260006452
