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QUESTION
Ellmann Systems is considering a project that has the following cash flow and WACC data. The WACC is 6%. The CF 0 = -$1,000, CF 1 = $312, CF 2 =
Ellmann Systems is considering a project that has the following cash flow and WACC data. The WACC is 6%. The CF0 = -$1,000, CF1 = $312, CF2 = $475, and CF3 = $559. What is the project's NPV?
