Question: Compute the NPV for Project K if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do

Compute the NPV for Project K if the appropriate cost of

Compute the NPV for Project K if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project K Time: 2 Cash flow: 11,000 $5,500 $6,500 $6,500 $5,500 -$11,000 NPV Should the project be accepted or rejected? accepted rejected

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