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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 7.21 percent. The initial outlay for the project is $393,911. The project will produce the following after-tax cash inflows of Year 1: 131,485 Year 2: 12,468 Year 3: 18,026 Year 4: 140,150 Round the answer to two decimal places
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