Abstract
We apply the nested algebraic Bethe ansatz method to solve the eigenvalue problem for the SU(4) extension of the Hubbard model. The Hamiltonian is equivalent to the SU(4) graded permutation operator. The graded Yang-Baxter equation and the graded Quantum Inverse Scattering Method are used to obtain the eigenvalue of the SU(4) extension of the Hubbard model.