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. Round your final answer to 2 decimal places.)
Project K
Time: 0 1 2 3 4 5
Cash flow $10,900 $5,450 $6,450 $6,450 $5,450 $10,900
NPV $
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