8. Rockmont Recreation Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected.

WACC = 10.2%

Year:

0

1

2

3

Cash flows:

-$1,030

$455

$480

$505

Select the correct answer.

$144.09

$147.89

$151.69

$140.29

$155.49