Question: Robbins Inc. is considering a project that has AN INITIAL INVESTMENT OF $1000 AND EXPECTED POSITIVE CASH FLOWS OF $300 FOR 5 YEARS (year 1
Robbins Inc. is considering a project that has AN INITIAL INVESTMENT OF $1000 AND EXPECTED POSITIVE CASH FLOWS OF $300 FOR 5 YEARS (year 1 through year 5). what is the project's Net present valeu (NPV) with a WACC of 10.25%?
a) $130.01
b) $111.47
c) 117.33
d) 125.51
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