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Richards Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPY? Note that a project's projected

Richards Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPY? Note that a project's projected NPY can be negative, in which case it will be rejected.

WACC= 10% Year: 0 I 2345 Cash flows: -$1000 $400 $395 $390 $385 $380

a. $478.74

b. $482.01

c. $495.05

d. $507.98

e. $517.93

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