Tuttle Enterprises is considering a project that has the following cash flow and required return data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected. Required Return: 11.00%
Year |
0 |
1 |
2 |
3 |
4 |
Cash flows |
-$1,000 |
$350 |
$350 |
$350 |
$350 |