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

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.) Time: Cash flow -$10,600 $5,300 $6,300 $6,300 $5,300 -$10,600 0 2 4 5 NPV Should the project be accepted or rejected? Accepted O Rejected

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