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A company is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's
A company is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected. The weighted average cost of capital is 11%.
Year 0123
Cash flows -$1,000 $500 $500 $500
$241.82
$221.86
$259.57
$195.23
$257.35
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