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Johnson Controls has a project with a cost of $7,000 and expected cash flow stream of $2,000 at the end of year 1, $3,000 at
Johnson Controls has a project with a cost of $7,000 and expected cash flow stream of $2,000 at the end of year 1, $3,000 at the end of ear 2. and $5.000 at the end of year 3. At a discount rate (WACC) of 10.68%, what is the net present value (NPV) of this investment?
Your answer should be between 580.00 and 1342.00, rounded to 2 decimal places, with no special characters.
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