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 10.35 percent. The initial outlay for the project is $469,199. The project will produce the following after-tax cash inflows of

Year 1: 163,566

Year 2: 172,685

Year 3: 69,904

Year 4: 176,711

Round the answer to two decimal places.

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Financial Management: Tall trees inc is using the net present value npv when
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