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 8.45 percent. What is the NPV of a project if the initial costs are $1,742,890 and the project life is estimated as 12 years? The project will produce the same after-tax cash inflows of $496,195 per year at the end of the year. Please show all work and round two decimals

Reference no: EM13929487

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