Patterson Co.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. $\begin{array}{lcccc}
\text { WACC: } & 10.00 \% & & & \
\text { Year } & 0 & 1 & 2 & 3 \
\text { Cash flows } & -\$ 950 & \$ 500 & \$ 400 & \$ 300
\end{array}$
A) $54.62
B) $57.49
C) $60.52
D) $63.54
E) $66.72

Question

Quizplus · Accepted Answer

$\begin{array}{lcccc}
\text { WACC: } & 10.00 \% & & & \
\text { Year } & 0 & 1 & 2 & 3 \
\text { Cash flows } & -\$ 950 & \$ 500 & \$ 400 & \$ 300
\end{array}$ NPV = $60.52

Patterson Co A) $5462 B) $57

Patterson Co A) $5462
B) $57