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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:8%

Year 0. 1. 2. 3

Cash flows-850. 450. 460. 470

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