Warnock Inc

question 36

Multiple Choice

Warnock Inc.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.

• A)$54.62
• B)$57.49
• C)$60.52
• D)$63.54
• E)$66.72

---

Definitions:

Tall Organizations

Organizations characterized by having many levels of hierarchy and management layers between the top executives and the lower-ranking employees.