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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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