Jazz World Inc $\quad$ $14.00 \%$ A $\$ 41.25$ B $\$ 45.84$

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: $\quad$$14.00 \%$
$\begin{array}{c}\begin{array}{lll} \text {Year}\\\text {Cash flows}\end{array}\begin{array}{lll} 0 \\\hline -\$1,200 \end{array}\begin{array}{lll}1 \\\hline \$400\end{array}\begin{array}{lll}2 \\\hline \$425\end{array}\begin{array}{lll}3 \\\hline \$450\end{array}\begin{array}{lll}4 \\\hline \$475\end{array}\end{array}$

a $\$ 41.25$
b. $\$ 45.84$
c. $\$ 50.93$
d. $\$ 56.59$
e. $\$ 62.88$