Question: Billy Bob Baseballs is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note
Billy Bob Baseballs is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that if a project's expected NPV is negative, it should be rejected.
| r: | 12.00% |
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| Year | 0 | 1 | 2 | 3 |
| Cash flows | $1,000 | $126 | $126 | $126 |
(Answer in $s to the nearest penny, xxx.xx, with no $ sign or comma needed, but use a minus sign - , if needed.)
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