Question: QUESTION 1 Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a
QUESTION 1
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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
-$950
$450
$460
$470
a. $188.53
b. $207.76
c. $230.85
d. $155.82
e. $192.37
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