120 A B G F F 1 9 11% 2. Elfs R Us Corporation is considering a new venture. 3. Use Excel functions and/or formulas to complete the following: 4 Cost of Capital CF, = Initial Outlay 775 5 3 marks Economic Conditions C01 Probability of each scenario CO2 C03 NPV 6 Excellent $ 400 $ 500 600 0.15 Average 300 400 500 0.6 8 Poor 200 300 400 0.25 9 Expected NPV Value = 10 Type in whether to ACCEPT or REJECT Project? cocoa 21