project's projected NPV can be negative, in which case it should be rejected. Old WACC: Year Cash flow

Lasik Vision Inc recently analyzed the project whose cash flows are shown below. However, before Lasik decided to accept or reject the project, the Federal Reserve took actions that changed interest rates and therefore the firm's WACC. The Fed's action did not affect the forecasted cash flows. By how much d ld the change in the WACC affect the project's forecasted NPV? Note that a project's projected NPV can be negative, m which case it should be rejected Old WACC Year Cash fl Ows 8.00% -51,000 New WACC: 8.25% 3410