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 and round your final answer to 2 decimal places.) Project U Time: 0 1 2 3 4 5 Cash flow: -$1,200 $430 $1,680 -$560 $380 -$140 Answer is complete but not entirely correct. NPV $ (286.97) Should the project be accepted or rejected? accepted rejected
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