Question: 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 11.06 percent. The initial outlay for the project is $343,121. The project will produce the following after-tax cash inflows of
Year 1: 184,154
Year 2: 175,122
Year 3: 43,699
Year 4: 170,108
Round the answer to two decimal places.
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