Question: Compute the NPV for Project K if the appropriate cost of capital is 6 percent. (Negative amount should be indicated by a minus sign. Do

Compute the NPV for Project K if the appropriate cost of capital is 6 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Should the project be accepted or rejected? Cost of capital 6% Time 0 1 2 3 4 5 Cash Flow -$11,800 $5,900 $6,900 $6,900 $5,900 -$14,800

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