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Suppose Fuzzy Button Clothing Company is evaluating a proposed capital budgeting project (project Alpha) that wi require an initial investment of $500,000. The project is

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Suppose Fuzzy Button Clothing Company is evaluating a proposed capital budgeting project (project Alpha) that wi require an initial investment of $500,000. The project is expected to generate the following net cash flows: Year Cash Flow Year 1 $325,000 Year 2 $450,000 Year 3 $400,000 Year 4 $400,000 Fuzzy Button Clothing Company's weighted average cost of capital is 7%, and project Alpha has the same risk as the firm's average project. Based on the cash flows, what is project Alpha's net present value (NPV)? O $952,732 O $1,328,463 O $328,463 O $828,463 Making the accept or reject decision Fuzzy Button Clothing Company's decision to accept or reject project Alpha is independent of its decisions on other projects. If the firm follows the NPV method, it should project Alpha

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