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Cornell Enterprises 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
Cornell Enterprises 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: 10.00%
Year | 0 | 1 | 2 | 3 |
Cash flows | -$2,000 | $700 | $850 | $900 |
$ 9.48 | ||
$ 12.45 | ||
$15.03 | ||
$19.25 | ||
$21.18 |
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