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

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 and round your final answer to 2 decimal places.) Project K Time: Cash flow: O 3 1 $11,300 $5,650 2 $6,650 $6,650 4 5 $5,650 -$11,300 NPV Should the project be accepted or rejected? O accepted O rejected

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