Question: Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount Do not round intermediate calculations and round your

Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount Do not round intermediate calculations and round your final answer to 2 decimal places.) Project M Time : Cash flow: 0 1 -$1,100 $370 2 $500 3 $540 4 $ 620 5 $120 NPV Should the project be accepted or rejected? accepted O rejected
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