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Waste Industries is evaluating a $51,300 project with the following cash flows. Years Cash Flows 1 $ 9,000 2 20,900 3 23,500 4 16,300 5

Waste Industries is evaluating a $51,300 project with the following cash flows. Years Cash Flows 1 $ 9,000 2 20,900 3 23,500 4 16,300 5 24,300 The coefficient of variation is .945. Coefficient of variation Discount rate 0.000.25 7 % 0.260.50 10 0.510.75 18 0.761.00 13 1.011.25 24 Compute the net present value (NPV). (Negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round the final answer to the nearest whole dollar. Omit the $ sign in the answer.) Net present value Based on the net present value, should the project be undertaken? multiple choice Yes No

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