4. The Orange Company is considering a project which will cost $1,000 initially. The project will not produce any cash flow in year 1, and have a cash flow of $400 in year 2, $300 in year 3, $500 in year 4, and $400 in year 5. The firm's WACC is 10%. What is the project's NPV? a. $100.53 b. $132.59 c. $145.85 d. $236.76 e. $260.43