Cornell Enterprises Is Considering a Project That Has the Following

question 15

Multiple Choice

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.

• A) $92.37
• B) $96.99
• C) $101.84
• D) $106.93
• E) $112.28

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