Using net present value when evaluating projects

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Green Landscaping. Inc. is using net present value (NPV) when evaluating projects. Green Landscaping's cost of capital is 7.35 percent. What is the NPV of a project if the initial costs are $1, 610, 950 and the project life is estimated as 7 years? The project will produce the same after-tax cash inflows of $655.460 per year at the end of the year.

Reference no: EM131492557

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