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	-$825	$450	$460	$470

Select one:

a.

$396.72

b.

$317.37

c.

$336.42

d.

$323.72

e.

$257.07