Question1: Edmondson Electric Systems is considering a project that has the following cash flow and WACC data. Determine the project's Net Present Value? Note that if a project's projected Net Present Value is negative, it should be rejected.
WACC
|
10.00%
|
|
|
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Year:
|
0
|
1
|
2
|
3
|
Cash flows:
|
-$1,000
|
$500
|
$500
|
$500
|