Tall Trees, Inc. is using the net present value (NPV) when evaluating projects. You have to find
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Question:
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 14.62 percent. The initial outlay for the project is $404,160. The project will produce the following after-tax cash inflows of
Year 1: 132,060
Year 2: 54,845
Year 3: 71,057
Year 4: 169,572
Round the answer to two decimal places.
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