Question: Compute the NPV for Project M if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do
Compute the NPV for Project M if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.)
indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project M Time Cash flow -3,000 $690 $820 $860 $940 $440 2 4 5 NPV Should the project be accepted or rejected? Rejected Accepted
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