Reed 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 expected NPV can be negative,in which case it will be rejected. $\begin{array}{lcccc}
\text { WACC: } & 10.00 \% \
\text { Year } & 0 & 1 & 2 & 3 \
\text { Cash flows } & -\$ 1.050 & \$ 450 & \$ 460 & \$ 470
\end{array}$
A) $92.37
B) $96.99
C) $101.84
D) $106.93
E) $112.28

Question

Quizplus · Accepted Answer

$\begin{array}{lcccc}
\text { WACC: } & 10.00 \% \
\text { Year } & 0 & 1 & 2 & 3 \
\text { Cash flows } & -\$ 1.050 & \$ 450 & \$ 460 & \$ 470
\end{array}$ NPV = $92.37

Reed Enterprises Is Considering a Project That Has the Following