Homework #6B (NPV)
February 19th, 2023
Homework #6B (NPV)Question 2 (1 point) 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 7.69 percent. The initial outlay for the project is $373,255. The project will produce the following after-tax cash inflows ofYear 1: 185,039Year 2: 123,700Year 3: 50,148Year 4: 127,355Round the answer to two decimal places.