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ABC Inc. 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

ABC Inc. 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 expected NPV is negative, it should be rejected.

WACC:4%

Year 0 1 2 3 4 5

Cash flows -$1,200 $200 $400 $400 $300 $300

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