Cornell Enterprises Is Considering a Project That Has the Following $\quad 10.00 \%$

Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected. WACC: $\quad 10.00 \%$

$\begin{array}{c}\begin{array}{lll} \text {Year}\\\text {Cash flows}\end{array}\begin{array}{lll} 0 \\\hline -\$1,050 \end{array}\begin{array}{lll}1 \\\hline \$450\end{array}\begin{array}{lll}2 \\\hline \$460\end{array}\begin{array}{lll}3 \\\hline \$470\end{array}\end{array}$

a $\$ 92.37$
b. $\$ 96.99$
c. $\$ 101.84$
d. $\$ 106.93$
e. $\$ 112.28$