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Year Project Cash Flow 0 - X 1 175 2 175 3 300 Now instead of making an assumption about the payback period, assume that

Year

Project Cash Flow

0

- X

1

175

2

175

3

300

Now instead of making an assumption about the payback period, assume that the project has an IRR of 15%. Given this assumption, what would be the project's NPV, if the WACC equals 12%?

a.

$ 0.00

b.

$47.36

c.

$37.30

d.

$27.54

e.

$18.08

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