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Year Cash Flow Year 1 $300,000 Year 2 $425,000 Year 3 $400,000 Year 4 $425,000 Black Sheep Broadcasting Companys weighted average cost of capital is

Year Cash Flow Year 1 $300,000 Year 2 $425,000 Year 3 $400,000 Year 4 $425,000 Black Sheep Broadcasting Companys weighted average cost of capital is 7%, and project Beta has the same risk as the firms average project. Based on the cash flows, what is project Betas NPV? -$1,437,198 -$3,697,665 -$1,197,665 $1,302,335

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