Question: Compute the NPV for Project K if the appropriate cost of capital is 7 percent. Project K Time: 0 1 2 3 4 5 Cash

Compute the NPV for Project K if the appropriate cost of capital is 7 percent.

Project K Time: 0 1 2 3 4 5

Cash flow $10,400 $5,200 $6,200 $6,200 $5,200 $10,400

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