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

  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 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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