Question
Scott Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's
Scott Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's expected NPV is negative, it should be rejected
| WACC: | 11.00% | ||||
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | -$1,000 | $350 | $350 | $350 | $350 |
I know this is the answer ($85.86). But how do you get it?
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Personal Finance Version 3.1
Authors: Rachel S. Siegel
3rd Edition
1453334807, 978-1453334805
