Compute the NPV for Project M if the appropriate cost of capital is 9 percent (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Should the project be accepted or rejected? Compute the payback ststistic for project x and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 12 percent and the maximum allowable payable is 3 years