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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 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 companys project, assuming the companys cost of capital is 6.97 percent. The initial outlay for the project is $488,131. The project will produce the following after-tax cash inflows of Year 1: 142,304 Year 2: 93,674 Year 3: 27,837 Year 4: 158,036

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