In: Finance
Feisty Fox Foundation is considering a project that has the following cash flow and WACC data. What is the project's NPV? Compute to the second decimal place
WACC: 11.85%
After Tax Salvage Value at end of year 4 = $300
Year 0 1 2 3 4
Cash flows -$1,600 $450 $450 $450 $450