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: Cash flow : 0 -$1,050 1 $370 2 $1,530 3 -$530 4 $320 5 -$110 NPV Should the project be accepted or rejected? rejected accepted
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