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

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 and round your final answer to 2 decimal places.) Project M Time: Cash flow: 1 -$3,000 $690 2 $820 3 $860 4 $940 5 $440 NPV Should the project be cepted or rejected? rejected accepted

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