Carlisle Industries is considering Project A whose future expected cash flows are shown

below. However, the up$-$front cost of the project $($X$)$ is not given. You are told that the

project has a WACC of $10\%$ and that the project$$s NPV is zero. Based on this information,

what is the up$-$front cost of the project, i$.$e$.,$ what is X$?$

WACC $=10\%$

Year: $01234$

CFS: X $$174$ $$225$ $$275$ $$350$

a$.-$$ $700\mathrm{.}00$

b$.-$$ $789\mathrm{.}80$

c$.-$$ $868\mathrm{.}78$

d$.-$$ $946\mathrm{.}39$

e$.-$$$1,024\mathrm{.}00$