Question: Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected

Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected.

WACC:

10.00%

Year

0

1

2

3

Cash flows

-$1,000

$450

$460

$470

a.

$113.90

b.

$142.37

c.

$128.14

d.

$156.61

e.

$152.34

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