Question: Compute the NPV for Project M If the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do

Compute the NPV for Project M If the appropriate cost of capital is 7 percent. (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: Cash flow: NPV 0 3 4 -$3,200 $670 $800 $840 $920 Should the project be accepted or rejected? rejected O accepted

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