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 and round your final answer to 2 decimal places.) Project M Time: S Cash flow: o $1,900 $530 1 2 $660 3 $700 4 $780 5 $280 NPV NPV Should the project be accepted or rejected? O accepted O rejected
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