Jazz World 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.
WACC 14.25%
Year 0 1 2 3 5
Cash Flow -$1,200 $400 $425 $450 $475
a. $56.24
b. $56,80
c. $61.86
d. $70.29
e. $64.67