Question: Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. Should it be accepted or rejected? (Negative amount should
Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. Should it be accepted or rejected? (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: | $1,500 | $550 | $1,980 | $620 | $500 | $200 |
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