Holly Inc. is considering a project that has the following cash flow and WACC (weighed average cost of capital) data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected. The weighted cost of capital (WACC) = 12.00%.

Year 0 1 2 3 4 5

Cash flows -$10,000 $3,000 $3,000 $5,000 $4,000 -$1000

Question 4 options:

	$603.70
	$4,000.00
	$907.31
	$734.99