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

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 final answer to 2 decimal places.) Project U Time: . Cash flow: 1. $710 2. $2,380 3. $700 4. $660 5 $280 $2,400 NPV Should the project be accepted or rejected? Orejected accepted

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