Edmondson Electric Systems Is Considering a Project That Has the Following

Multiple Choice

Edmondson Electric Systems is considering a project that has the following cash flow and WACC data.What is the project's NPV? $\begin{array}{cccc} \text { WACC } &10.00 \% \\ \text { Year: } & 0 & 1 & 2 & 3 \\\hline \text {Cash flows: } & -\$ 1,000 & \$ 500 & \$ 500 & \$ 500\end{array}$

A) $243.43
B) $255.60
C) $268.38
D) $281.80