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Reed Enterprises is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that

Reed Enterprises is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected. r: 10.00% Year 0 1 2 3 Cash flows $1,050 $450 $460 $470 a. $92.37 b. $106.93 c. $101.84 d. $96.99 e. $112.28

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