Question: Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent. Note: Negative amount should be indicated by a minus

Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 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 Y Time: 0 1 2 3 4 Cash flow: $ 8,500 $ 3,450 $ 4,280 $ 1,620 $ 400

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