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Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping’s cost of capital is 10.97 percent. What is the NPV of a project if the initial costs are $1,466,210 and the project life is estimated as 10 years? The project will produce the same after-tax cash inflows of $377,767 per year at the end of the year.

Round the answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91605348

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