Question: Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign.
Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Time/Cash Flow 0 $2,300 1 $670 2 $2,280 3 $680 4 $620 5 $260
Should the project be accepted or rejected?
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