Warnock Inc A) -$4738
B) -$39

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 projected NPV can be negative,in which case it will be rejected. $$\begin{array} { l c c c c } \text { WACC: } & { 10.00 \% } \\\text { Year } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows } & - \$ 1,050 & \$ 500 & \$ 400 & \$ 300\end{array}$$

A) -$47.38
B) -$39.09
C) -$29.61
D) -$40.27
E) -$39.48