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Project X costs $1,000, its expected cash inflows are $675-7 per year for 3 years, and its WACC is 10%. What is the project's NPV
Project X costs $1,000, its expected cash inflows are $675-7 per year for 3 years, and its WACC is 10%. What is the project's NPV (write in the answer field)? Would you accept or reject the project (write in the text box below the answer field)? Answer: Project X cash flows is given on the timeline below 2 3 + Project X -$10,000 $6,500 $3,000 $3,000 $1,000 Calculate Project X NPV if WACC=9% Round your answer to the nearest hundredth, have at least two decimal digits and write it in the Answer field. Would you accept or reject the project (write in the textbox below the answer field)
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