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 13.01 percent. The initial outlay for the project is $363,859. The project will produce the following after-tax cash inflows of Year 1: 160,901 Year 2: 96,955 Year 3: 170,850 Year 4: 120,022 Round the answer to two decimal places. Show your work.

Reference no: EM132036970

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