Question: I am getting a really small number as the answer Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping's cost
I am getting a really small number as the answer
Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping's cost of capital is 10.82 percent. What is the NPV of a project if the initial costs are $2,138,636 and the project life is estimated as 6 years? The project will produce the same after-tax cash inflows of $604,917 per year at the end of the year.
Round the answer to two decimal places.
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