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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 9.90 percent. The initial outlay for the project is $326,108. The project will produce the following after-tax cash inflows of
Year 1: 174,782
Year 2: 188,493
Year 3: 101,330
Year 4: 189,890
Round the answer to two decimal places.
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