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 not
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 finalanswer to 2 decimal places.)
Project MTime:012345Cash flow:-$1,700$490$620$660$740$240
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