Question: Compute the NPV statistic for Project Y If the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign.

 Compute the NPV statistic for Project Y If the appropriate cost

Compute the NPV statistic for Project Y If the appropriate cost of capital is 11 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 Timet Cash flow 2 3 --$8,200 $3,670 $4,500 $1,840 4 3620 NPV Should the project be accepted or rejected? O rejected accepted

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