Question: Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent. Note: Negative amount should be indicated by a minus
Compute the NPV statistic for Project U if the appropriate cost of capital is 10 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: $ 2,400 $ 710 $ 2,380 $ 700 $ 660 $ 280
Should the project be accepted or rejected?
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