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Tall Trees, Inc. is using the net present value (NPV)

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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 6.38 percent. The initial outlay for the project is $390,642. The project will produce the following after-tax cash inflows of
Year 1: 172,964
Year 2: 12,247
Year 3: 168,029
Year 4: 177,867
Round the answer to two decimal places in percentage form.

 
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