Question: Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. Note: Negative amount should be indicated by a minus

Compute the NPV statistic for Project U if the appropriate cost of capital is 11 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: $ 1,100 $ 390 $ 1,580 $ 540 $ 340 $ 120 Should the project be accepted or rejected? Should it be accepted or rejected

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