Johnson Enterprises Is Considering a Project That Has the Following

Multiple Choice

Johnson Enterprises is considering a project that has the following cash flow and WACC data.What is the project's NPV? $\begin{array}{cccc} \text { WACC } &10.00 \% \\ \text { Year: } & 0 & 1 & 2 & 3&4 \\\hline \text {Cash flows: } &-\$ 1,000 & \$ 350 & \$ 350 & \$ 350 & \$ 350\end{array}$

A) $98.78
B) $103.98
C) $109.45
D) $114.93