Tuttle Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected.  WACC: 11.50%     Year 0    1   2   3   4   Cash flows -$1,000 $350 $350 $350 $350

A. 084.03
B. 064.70
C. 059.49
D. 082.54
E. 074.36


Answer: E

Business

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