Anderson Systems Is Considering a Project That Has the Following

Multiple Choice

Anderson Systems 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. $$\begin{array} { l c c c c } \text { WACC: } & { 11.00 \% } \\\text { Year } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows } & - \$ 1,000 & \$ 500 & \$ 500 & \$ 500\end{array}$$

A) 0259.57
B) 0257.35
C) 0241.82
D) 0221.86
E) 0195.23