Question: Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent. (Negative amount should be indicated by a minus sign.

Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project U Time: Cash flow -$1,600 $590 $2,080 -$640 $540 -$220 2 4 NPV Should the project be accepted or rejected? Accepted ORejected
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