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1 Double Helix Genetics has a WACC of 11.55% and is considering a project with the following future cash flows, and initial investment of $500

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Double Helix Genetics has a WACC of 11.55% and is considering a project with the following future cash flows, and initial investment of $500 million: Which of the following statements is correct? Accept the project because the net present value is $435.47 million. Reject the project because the net present value is $435.47 million. Reject the project because the net present value is $64.53 million. Accept the project because the net present value is $64.53 million. Accept the project because the sum of the future cash flows is greater than the initial cash outflow

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