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Edmondson Electric Systems is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a
Edmondson Electric 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: 8.00%
Year: 0 1 2 3
Cash flows: -$1070 $550 $550 $550
a) $347.40
b) 327.80
c) 365.90
d) 319.50
How would you solve this using a TI-84 plus calculator?
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