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Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an initial investment of $500,000. The project is

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Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an initial investment of $500,000. The project is expected to generate the following net cash flows: Year Cash Flow $325,000 Year 2 $400,000 Year3 $400,000 Year 4 $450,000 Year 1 Cute Camel Woodcraft Company's weighted average cost of capital 10%, and project Alpha has the same tiskas the firm's average project Based on the cash flow, what is project Alpha's net present value (PV) 51.133,915 5233,915 5880,698 $733,915

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