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Elfs R Us Corporation is considering a new venture. Use Excel fl|nctions and/or formulas to complete the following: Cost of Capital = CF, = Initial

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Elfs R Us Corporation is considering a new venture. Use Excel fl|nctions and/or formulas to complete the following: Cost of Capital = CF, = Initial Outlay = 11% 775 Probability of each scenario 3 marks 001 CO2 CO3 NPV $ 400 $ 500 600 0.15 Economic Conditions Excellent Average Poor 300 400 500 0.6 200 300 400 0.25 Expected NPV Value = Type in whether to ACCEPT or REJECT Project

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