Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. Note:
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Question:
Compute the NPV statistic for Project U if the appropriate cost of capital is 9 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 U
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|---|
| Cash flow: | $ 1,500 | $ 550 | $ 1,980 | $ 620 | $ 500 | $ 200 |
NPV = ?
Should the project be accepted or rejected?
(Click to select) Accepted Rejected
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