Question: Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus sign. Do

Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Time: Cash flow 3,100 $710 $840 $880 $960 $460 NPV Should the project be accepted or rejected? ORejected Accepted

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