Question
ABC Company is considering an average-risk project that has the following cash flows. Year 0 1 2 3 Cash flows -$1,063 $500 $616 $685 The
ABC Company is considering an average-risk project that has the following cash flows.
Year 0 1 2 3 Cash flows -$1,063 $500 $616 $685
The company's WACC is 10.6%. What is the project's NPV? Round your answer to two decimal places of dollar, but do not include $ sign in your answer, e.g., xxx.xx.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
