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Ganders Corp. is considering a project that has the following cash flow and required return data. What is the project's NPV? Do you think the

Ganders Corp. is considering a project that has the following cash flow and required return data. What is the project's NPV? Do you think the company should accept the project?

Required Return: 5.00%

Year

0

1

2

3

Cash flows

-$1,450

$500

$500

$500

$-88.38; accept

$-88.38; reject

$88.38; accept

$88.38; reject

$-206.57; reject

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