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Anderson Systems 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

Anderson Systems 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.

WACC: 9.00%
Year 0 1 2 3
Cash flows $1,000 $500 $500 $500

a. $265.65
b. $292.88
c. $322.90
d. $278.93
e. $307.52

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