Question
Edison Electric Systems is considering a project that has the following cash flow and WACC data. WACC = 10% Year 0 1 2 3 Cash
Edison Electric Systems is considering a project that has the following cash flow and WACC data.
WACC = 10% | ||||||||
Year | 0 | 1 | 2 | 3 | ||||
Cash flows | -$1,076 | 596 | 493 | 382 |
Calculate the project's Net Present Value (NPV).
Follow the guidelines used in this course for precision of intermediate values. Round-off your answer to the nearest, whole dollar amount ( i.e. -123 ). If the answer is positive, enter the number without a sign. Note that a project's projected NPV can be negative, in which case be sure to enter the minus sign in front of your answer. Do not precede your answer with any other non-numeric character, such as a plus sign or a dollar sign, as the computer will mark the answer incorrect.
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