Dickson Co A) $25015
B) $277

Multiple Choice

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. $$\begin{array} { l c c c c c c } \text { r: } & 12.00 \% & & & & \\\text { Year } & 0 & 1 & 2 & 3 & 4 & 5 \\\hline \text { Cash flows } & - \$ 1,100 & \$ 400 & \$ 390 & \$ 380 & \$ 370 & \$ 360\end{array}$$

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