Question $3$

SmartRing is considering a project that has the

following cash flow and WACC data. What is the

project's NPV$?$ Note that if a project's expected

NPV is negative, it should be rejected.

WACC: $7\mathrm{.}00\%$

flows $$1,000$

$$312\mathrm{.}16$

$$400\mathrm{.}00$

$$500\mathrm{.}00$

$$520\mathrm{.}54$