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 final answer to 2 decimal places.) Project U Time: Cash flow: 1 -$2,400 1 $710 2 $2,380 3 -$700 4 $660 5 -$280 NPV | $ (102.00) Should the project be accepted or rejected? rejected O accepted
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