Using the net present value when evaluating projects

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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 7.21 percent. The initial outlay for the project is $393,911. The project will produce the following after-tax cash inflows of Year 1: 131,485 Year 2: 12,468 Year 3: 18,026 Year 4: 140,150. Round the answer to two decimal places

Reference no: EM131455983

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