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Lowell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's expected
Lowell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected.
WACC: 10.00%
Year 0 1 2 3
Cash flows -$950 $500 $400 $300
$ 96.99 | ||
$60.52 | ||
$66.72 | ||
$101.84 |
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