Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping’s cost of capital is 14.86 percent.

Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping’s cost of capital is 14.86 percent. What is the NPV of a project if the initial costs are $2,347,050 and the project life is estimated as 5 years? The project will produce the same after-tax cash inflows of $433,945 per year at the end of the year.

Round the answer to two decimal places.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *