Question: Compute the NPV for Project M if the appropriate cost of capital is 8 percent. Time: 0 1 2 3 4 5 Cash flow: -$3,100

Compute the NPV for Project M if the appropriate cost of capital is 8 percent.

Time: 0 1 2 3 4 5

Cash flow: -$3,100 $710 $840 $880 $960 $460

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