Help with capital budgeting needed, do I have the right answer? Please verify.
ABC Inc. 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 expected NPV is negative, it should be rejected.
WACC:9%
Year 0 1 2 3 4 5
Cash flows -$1,200 $200 $400 $400 $300 $300
Answer I have is: $36.54?