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 and round your finalanswer to 2 decimal places.)

Project U
Time: 0 1 2 3 4 5
Cash flow $2,250 $650 $2,230 $670 $600 $250
NPV $ _______
Should the project be accepted or rejected?
_____ Accepted

_____ Rejected

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