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Suppose Extensive Enterprisess CFO is evaluating a project with the following cash inflows. She does not know the projects initial cost; however, she does know

Suppose Extensive Enterprisess CFO is evaluating a project with the following cash inflows. She does not know the projects initial cost; however, she does know that the projects regular payback period is 2.5 years.

Year Cash Flow

Year 1 $325,000

Year 2 $475,000

Year 3 $450,000

Year 4 $450,000

If the projects weighted average cost of capital (WACC) is 9%, what is its NPV?

A. $373,161

B. $356,199

C. $305,313

D. $339,237

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