Reference no: EM132746156

Question - You have inherited an apple orchard and want to sell it in the next four years. An expert in apple orchard valuation has estimated the after-tax cash flow you would receive if you sold at the end of each of the next four years as follows: $900,000 if you sell in one year; $1,100,000 if you sell in two years; $1,300,000 if you sell in three years; and $1,400,000 if you sell in four years. Your opportunity cost of capital is 8 percent. Calculate the NPV of each alternative.