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Cornell Enterprises is considering a project that has the following cash flow and WACC data....

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Finance

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?

(3 marks)

WACC: 10.00% Year 0 1 2 3 Cash flows -$825 $450 $460 $470

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