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: | $1,400 | $430 | $560 | $600 | $680 | $180 |
NPV:
Should the project be accepted or rejected?
(Click to select) Accepted Rejected
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