Question: Compute the NPV for Project M if the appropriate cost of capital is 8 percent. Note: Negative amount should be indicated by a minus sign.
Compute the NPV for Project M if the appropriate cost of capital is 8 percent.
Note: 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: | 0 | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|---|
| Cash flow: | $2,900 | $650 | $780 | $820 | $900 | $400 |
npv=
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