Question: Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do

 Compute the NPV for Project M if the appropriate cost of

Compute the NPV for Project M 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 M Time: Cash flow: 1 0 -$1,400 $430 2. $560 3 $600 4 $680 5 $180 NPV Should the project be accepted or rejected? accepted rejected

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