Cornell Enterprises Is Considering a Project That Has the Following

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. $$\begin{array} { l c c c c } \text { WACC: } & 10.00 \% \\\text { Year } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows } & - \$ 1,275 & \$ 450 & \$ 460 & \$ 470\end{array}$$

A) -$106.10
B) -$132.63
C) -$139.26
D) -$125.99
E) -$165.78