Tall trees inc is using the net present value npv when


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 9.20 percent. The initial outlay for the project is $349,620. The project will produce the following after-tax cash inflows of

Year 1: 174,997

Year 2: 141,280

Year 3: 131,781

Year 4: 175,038

Round the answer to two decimal places.

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