What happens to the NPV of the following cash flows at three
different levels of discount rates: 8%, 12%, and 15% ?
Year 0 Year 1 Year 2 Year 3 Year 4
-$300 +$100 +$100 +$100 +$100
When using the NPV function of excel, please make sure
that the initial investment is on its own (and deducted after).
Provide your calculations.