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 1 2 3
Cash flows: -$1000 $500 $500 $500
Answer
A. $268.38
B. $243.43
C. $281.80
D. $295.89
E. $255.60