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Rockmont Recreation Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's
Rockmont Recreation Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected.
| WACC = 10% | |||||
| Year: | 0 | 1 | 2 | 3 | |
| Cash flows: | -$1,000 | $450 | $440 | $430 |
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