Question: Edmondson Electric Systems 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 projected NPV is negative, it should be rejected.
WACC: 10.00%
Year: 0
Cash flows: -$1,000
WACC: 10.00%
Year: 0 1 2 3
Cash flows: -$1,000 $500 $500 $500