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Patterson Co. 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
Patterson Co. 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: | 13.00% | |||
Year | 0 | 1 | 2 | 3 |
Cash flows | -$950 | $500 | $410 | $320 |
Group of answer choices
$37.11
$31.81
$35.34
$30.04
$26.51
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