Dickson Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected.
r:12.00%     Year0
1
2
3
4
5
Cash flows?$1,100
$400
$390
$380
$370
$360

A. $250.15
B. $277.94
C. $305.73
D. $336.31
E. $369.94


Answer: B

Business

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