Question: Compute the NPV for Project M if the appropriate cost of capital is 7 percent. Note: Negative amount should be indicated by a minus sign.
Compute the NPV for Project M if the appropriate cost of capital is 7 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: -3,400 730 860 900 980 480
NPV:
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