Question: Compute the NPV statistic for Project if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do

Compute the NPV statistic for Project 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 u Time: Cash flow: 0 -$2,450 1 $730 2 $2,430 3 -$710 $680 5 -$290 NPV Should the project be accepted or rejected? O rejected O accepted

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