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 = 9.5%

Year:

0

1

2

3

Cash flows:

-$970

$495

$455

$415

Select the correct answer.

$174.02

$166.82

$177.62

$163.22

$170.42