Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost...
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Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 10.14 percent. What is the NPV of a project if the initial costs are $1,858,615 and the project life is estimated as 10 years? The project will produce the same after-tax cash inflows of $686,810 per year at the end of the year. Round the answer to two decimal places.
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