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Tuttle Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's
Tuttle Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected.
| WACC: | 11.50% | ||||
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | -$1,000 | $350 | $350 | $350 | $350 |
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