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

please show work

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!