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 capital is 7 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 $10,100 $5,050 $6,050 $6,050 $5,050 $10,100 NPV $ Should the project be accepted or rejected? Accepted Rejected

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