Barry Company Is Considering a Project That Has the Following

Multiple Choice

Barry Company 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. $$\begin{array} { l c c c c c c } \text { WACC: } & 11.75 \% & & & & \\\text { Year } & 0 & 1 & 2 & 3 & 4 & 5 \\\hline \text { Cash flows } & - \$ 1,100 & \$ 400 & \$ 390 & \$ 380 & \$ 370 & \$ 360\end{array}$$

A) 0$286.36
B) 0$294.95
C) 0$349.36
D) 0$309.27
E) 0$355.08